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Daily Tech: Circuit City Files For Bankruptcy

  • Not a happy day in Circuit City land. Today the company petitioned for Chapter 11 protection as it struggles to survive with competing retailers like Best Buy and Wal-Mart. — Switched
  • Last night on 60 Minutes, correspondent Scott Pelley exposed the electronic waste black market between the US and China. — Boing Boing
  • Ozzy Osbourne has teamed up with Samsung Mobile to promote their latest cell phone, the Samsung Propel. — CrunchGear
  • This year on Black Friday, Dell will offer their Xbox 360 Arcade and Rock Band 2 for $199! — Engadget
  • What a chic-looking charger! The Uniross imagine POM is a universal battery charger that's shaped like a cute apple! — Unplggd

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Join The Conversation
djkatscan djkatscan 8 years
They will proabably sell the plan off to the insurance company that underwrites the warranty. You should call customer service to find out.
Design-Diva Design-Diva 8 years
Great...so what does this mean for my two year extended warranty on my laptop??? So sad, but I'm not surprised.
starangel82 starangel82 8 years
The Circuit City here is closing down... I went by expecting to find some bargins, but alas, not really. Maybe when they get closer to their closing date they will have some better deals. I hate to see Circuit City go though... we really don't have much in the way of an electronics store anymore.
kcwebgirl kcwebgirl 8 years
i so want the 360 and rockband! i forsee a purchase coming on!
djkatscan djkatscan 8 years
I work for Best Buy, but I feel terrible for all the people who lost jobs right before the holidays. It's terrible.
jmanley jmanley 8 years
Let's not lose sight of the fact that Circuit City has been getting hammered for years. Best Buy offers better pricing, selection and service in a physical store and Internet stores offer infinite selection and better prices. This is just another example of a bad company that can't survive a downturn. jmanley
jmichelle jmichelle 8 years
I'm definitely going to have to come up with some funds really quick! $199 is crazy... my brother's been dying for an XBox 360 for the longest.
JeffaLynn JeffaLynn 8 years
Wow, really? That's crazy. I didn't even know they were even near going bankrupt. I hope they stay. I actually prefer them over Best Buy.
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