Ding, dong, Akimbo's dead
Akimbo, the online video company that just laid off most of the staff, has finally closed its doors. Its failure comes only months after a fresh infusion of $8 million from investors, including AT&T. The telco giant was looking for Akimbo's content to fill out the company's HomeZone TV offering. Only problem? Akimbo lost all its content licensing deals, according to a tipster. [VentureBeat]