Former Gizmondo exec gets jail time

  • Bo Stefan Eriksson, the one-time Swedish gangster who co-founded the ill-fated Gizmondo handheld gaming startup, has been sentenced to three and a half years in jail in California.

    Eriksson pleaded guilty to embezzlement and drunken driving, charges relating to a widely reported incident in which he crashed and wrote off a rare - and very expensive - Ferrari Enzo.

    Read the complete story here. (

Related Stories

Xiaomi Air 13 Laptop Sale + Coupon

5 Takeaways From Entrepreneurs Who Know About Winning and Losing

Lamborghini and MIT team up