Infinium
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Amazon will start testing ultra-low carbon electrofuels for deliveries in 2023
Amazon is partnering with Infinium to test the use of so-called electrofuels (e-fuels) in its diesel vans for middle-mile deliveries.
Amazon's latest 'green' investments include EV charging and alternative fuel companies
The UN Climate Change Conference (COP26) kicks off on Sunday, and ahead of it some of tech's biggest companies are announcing new initiatives. Amazon is investing in three companies working on creating sustainable technology as part of its $2 billion Climate Pledge Fund.
Phantom attracts "interest," delays Lapboard yet again
Apparently these guys just don't know when to quit, and rather than ditching the Lapboard in the same way the gaming service was dismissed, the seemingly bogus company is making waves (and probably little more) yet again. Although Alienware has reportedly handed over an order for the firm's yet-to-be-seen wireless gaming keyboards, we still maintain little faith in the notoriously unreliable company to actually come through, and today its, um, brave CEO announced another unsurprising delay. This time, the delay is actually being attributed to an overwhelming "demand," as Phantom claims that "major manufacturers of media center PCs and distributors" are throwing down so many orders that the company won't be able to "begin air shipments to the US" until February 2007. While you can place your order now through its online webstore (not recommended), only orders received through October 31st are "promised" in that first wave of shipments. But for those who are rightfully gun shy about handing over your credit card info to a company with such an incredibly undependable track record, you can surely count on just picking one up from "major retail locations" in Q1 of next year.
GASP: Phantom console fails to materialize
As tempting as it was to conjure up a "Phantom console CANCELLED" headline, the realization quickly set in that such a sensational piece of text simply wouldn't make any sense. How do you cancel something that never even existed to begin with? Zing, etc. It would appear that Phantom Entertainment has revamped their ball of lies website, quietly ushering in the demise of an imagined console and the arrival of an allusion to some sort of broadband game service. Said service is described as "the first end-to-end, on-demand game service delivering online games directly to your living room or any comfortable setting in your home or workplace." Fascinating, but since "the Company intends to modify the Phantom Game Service software to run as client software on personal computers operating Windows XP and Windows XP Media center operating systems," games will only be going to your living room should that be the location of your computer. First indeed.Further comedic value can be found in the "Who We Are" section, which duly describes the company as "an industry-leading, global entertainment and interactive game company." To be fair, it's probably the most truthful statement to be found on the entire website, as Phantom Entertainment is undoubtedly the leader of at least one industry and is frequently a provider of entertainment. Well, that and $129.95 Lapboards which, with the original console canned, barely have a reason to exist.[Thanks, delerious.]
Infinium changes name to Phantom Entertainment
We're trying to overlook the glaring irony in "Phantom" Entertainment, especially since year after year this company has been the most prominent vaporware hit since Duke Nukem Forever, but we just can't ignore the latest bit in their Phantom's comedy of errors that now has our favorite gaming company officially changing name in hopes of "invigorating its marketing approach." The path forward as of a few months ago had Infinium getting ready and set to change their name, the Phantom Lapboard set for release in Q2 of this year (wait, that's right now), and their Phantom Game Service to follow suit, but in a recent blurb from CEO Greg Koler, he astoundingly couldn't provide announcement dates for either. Previously blaming the annoyance of lawsuits and an inability to come up with $11.5 million, we've yet to hear a more recent excuse as to why we should still put faith in the powers at Phantom, but they did accomplish one thing: changing that name, and issuing another six hundred million worthless shares of stock. Regardless of the never-ending delays, we're keeping our fingers crossed, because the new and (potentially) improved Phantom Entertainment could seriously rattle the gaming market, erm, someday. And in the mean time, let the pumping and dumping begin!
Infinium's name is now Phantom Entertainment
Infinium, the company that didn't bring us the Phantom game console, has changed its name to Phantom Entertainment. Now, I'm not an expert on brand recognition, but renaming your company so it's even more closely associated with a product that has topped vaporware charts and was founded by a person that has been accused of pumping stock doesn't strike me as a good move. Talking of the pump 'n' dump accusation that has been levied against former Infinium CEO Tim Roberts; xantar over at The Gaming Hobo spotted an amusing little snippet regarding the Securities and Exchange Commission's investigation into Roberts. Apparently the fax that provided evidence that Infinium was pumping stock was sent to the commission's California office, making the SEC one of the one million recipients. A tip to any budding fraudsters out there: if you're gonna try and run up stocks so you can sell them at artificially inflated prices, don't notify the authority responsible for cracking down on such illegal activities.
Infinium founder charged with using "impending Phantom launch" to inflate and sell stock
Timothy Roberts, the founder and former CEO of Infinium Labs, the company that promised us the Phantom (which came in at second on Wired's list of vaporware products of '06), has been accused by the Securities and Exchange Commission of artificially inflating stock and selling it on at a $422,500 profit. The SEC alleges that Roberts hired a promoter to send junk faxes to investors citing the Phantom's imminent launch, when in fact the console had postponed the launch due to insufficient funds. According to the SEC, Roberts then sold 1.3 million shares from the company -- without any disclosure -- and secretly paid the promoter he had hired. These two actions, unfortunately for Roberts, are against the law: the SEC has asked a court to force Roberts to surrender the cash, pay a penalty and to prohibit him from ever becoming a CEO again.Meanwhile, the company -- sans Roberts -- has blown through $63 million without producing the Phantom and has lost another CEO yet still claims to be relevant and capable of launching The Phantom along with a useless lap-based keyboard accessory. Someone put the company out of its misery. Pretty please?[Thanks, Neal]
