Is San Francisco-based mobile videogames startup Hands-On Mobile in trouble? That was my first thought on reading that it had sold its Korean unit to Electronic Arts. EA moved to buy Hands-On's closest competitor, Jamdat, in 2005, and has been aggressively expanding in cell-phone games since. Hands-On, once rumored as an IPO candidate, has a string of offices around the globe, which must surely be expensive. It's possible EA made an offer Hands-On couldn't refuse. But the fact that Hands-On is selling, not buying, speaks of strained finances.

The two largest shareholders in Take-Two Interactive dumped a huge percentage of their holdings according to SEC filings Monday. Oppenheimer Funds sold 8.4 million shares, roughly half its holdings, lowering its stake from 23 percent to 11.5 percent. Fidelity sold 7.5 million shares — almost its entire stake. It now owns 2.75 percent, down from 14.7 percent. It's telling that the big mutual funds are willing to cash out now for a few dollars below the $26 buyout price offered by EA. Oppenheimer and Fidelity's moneymen think the deal may fall apart — at least, they're not sticking around to find out. The other possibility? They think the deal IS going to happen and don't want their money stuck in Take Two stock for a year while the details are worked out. (Photo by AP/Paul Sakuma)