When the world gets closer.

We help you see farther.

Sign up to our expressly international daily newsletter.

Already a subscriber? Log in .

You've reached your limit of one free article.

Get unlimited access to Worldcrunch

You can cancel anytime .

SUBSCRIBERS BENEFITS

Exclusive International news coverage

Ad-free experience NEW

Weekly digital Magazine NEW

9 daily & weekly Newsletters

Access to Worldcrunch archives

Free trial

30-days free access, then $2.90
per month.

Annual Access BEST VALUE

$19.90 per year, save $14.90 compared to monthly billing.save $14.90.

Subscribe to Worldcrunch
Economy

Game Over? Atari, Producer Of Pong And Asteroids, Files For Bankruptcy

BLOOMBERG (USA), LES ECHOS (France)

Worldcrunch

The U.S.-based businesses of the iconic video-game-maker Atari have filed for bankruptcy protection in the U.S. Bankruptcy Court in Manhattan.

[rebelmouse-image 27086166 alt="""" original_size="800x467" expand=1]

An Atari 2600 console - Wikimedia

Late Sunday, Atari said it was filing for Chapter 11 bankruptcy protection in an effort to free the company from its French parent Atari SA, formerly Infogrames, and focus on digital and mobile games, the French financial newspaper conseils_col_droite_finance_marches-20121127-lientext-HP_finance-marches">Les Echos reports.

According to Bloomberg, the French parent, which hasn’t made a profit since 1999, said it was expecting "significant losses" in 2013, adding that it would weigh all means of raising cash and had been talking to potential investors. Atari shares fell as much as 5.6 percent to 84 cents in Paris trading early Monday.

[rebelmouse-image 27086167 alt="""" original_size="365x273" expand=1]

Screenshot of Atari's 1979 game Asteroids - Wikimedia

The brand, founded in 1972 in California by Nolan Bushnell and Ted Dabney, became a pioneer in arcade and video games, creating legendary products such as Pong, Asteroids and the Atari 2600 console. Although the company has helped define the video-game-making business from the 1970s to the mid-1980s, it has been plagued by financial difficulties for decades.

[rebelmouse-image 27086168 alt="""" original_size="800x600" expand=1]

Screenshot of Atari's iconic game Pong - Wikimedia


if atari go down none of their game will work online oh wait they dont anyway

— mystery moon (@beetjeff) January 21, 2013

Really hoping Atari assets get picked up by a snazzy start up with a young CEO so I can use the headline: Atari Teenage Buyout.

— Dan ಠ_ಠPearson (@Danbojones) January 21, 2013

Atari has been reduced to a mere cool logo on a tee-shirt for so long, who knew they were still in games... sad!

— PS Vita Roundup (@psp2roundup) January 21, 2013

You've reached your limit of free articles.

To read the full story, start your free trial today.

Get unlimited access. Cancel anytime.

Exclusive coverage from the world's top sources, in English for the first time.

Insights from the widest range of perspectives, languages and countries.

Society

Brazil's Evangelical Surge Threatens Survival Of Native Afro-Brazilian Faith

Followers of the Afro-Brazilian Umbanda religion in four traditional communities in the country’s northeast are resisting pressure to convert to evangelical Christianity.

image of Abel José, an Umbanda priest

Abel José, an Umbanda priest

Agencia Publica
Géssica Amorim

Among a host of images of saints and Afro-Brazilian divinities known as orixás, Abel José, 42, an Umbanda priest, lights some candles, picks up his protective beads and adjusts the straw hat that sits atop his head. He is preparing to treat four people from neighboring villages who have come to his house in search of spiritual help and treatment for health ailments.

The meeting takes place discreetly, in a small room that has been built in the back of the garage of his house. Abel lives in the quilombo of Sítio Bredos, home to 135 families. The community, located in the municipality of Betânia of Brazil’s northeastern state of Pernambuco, is one of the municipality’s four remaining communities that have been certified as quilombos, the word used to refer to communities formed in the colonial era by enslaved Africans and/or their descendents.

In these villages there are almost no residents who still follow traditional Afro-Brazilian religions. Abel, Seu Joaquim Firmo and Dona Maura Maria da Silva are the sole remaining followers of Umbanda in the communities in which they live. A wave of evangelical missionary activity has taken hold of Betânia’s quilombos ever since the first evangelical church belonging to the Assembleia de Deus group was built in the quilombo of Bredos around 20 years ago. Since then, other evangelical, pentecostal, and neo-pentecostal churches and congregations have established themselves in the area. Today there are now nine temples spread among the four communities, home to roughly 900 families.

The temples belong to the Assembleia de Deus, the Seventh-day Adventist Church, and the World Church of God's Power, the latter of which has over 6,000 temples spread across Brazil and was founded by the apostle and televangelist Valdemiro Santiago, who became infamous during the pandemic for trying to sell beans that he had blessed as a Covid-19 cure. Assembleia de Deus alone, who are the largest pentecostal denomination in the world, have built five churches in Betânia’s quilombos.


Keep reading...Show less

The latest