The PC.com site, which posts articles and other resources to help computer owners and prospective buyers, was launched with very little promotion last year. Though it doesn’t go out of its way to hide the affiliation with Intel, it doesn’t exactly advertise it either–preferring to keep a bit of editorial distance from its deep-pocketed parent.

Read the rest of this post

The Wall Street Journal reports that Redstone’s National Amusements holding company has sold its 87 percent stake in Midway (MWY) for $100,000, plus the assumption of $70 million in debt, to Thomas. On Friday, that stake was worth something like $30 million.

The real upside for Redstone, the paper says, will be a tax loss of some $800 million, though it’s unclear how he will be able to use that to help restructure his debt. Over the years, Redstone invested an estimated $500 million in the game maker. Redstone still has a few other assets that aren’t CBS (CBS) or Viacom (VIA), but those are by far his most valuable properties.

What does Thomas get out of this? It’s not entirely clear. Midway is best known for its “Mortal Kombat” franchise, which was once considered controversial because it allowed players to rip out the still-beating hearts of their opponents. But that’s old hat these days, and even new iterations like “Mortal Kombat vs. DC Universe” haven’t been able to sustain the company, which has lost $494 million in the last five years and has been under constant threat of losing its NYSE listing in recent months.

But there is this: At the recent E3 video game trade show in Los Angeles, the company was talking about a game coming this fall called Mortal Kombat vs. DC Universe.

Read the rest of this post