Not that I believe half the stuff I read on Valleywag but was sad to hear the news that http://www.akimbo.com/ may be finally dead.(lol - just checked there is still some akimbo project documentation on a hidden page on the http://www.cognation.net/ website if you know how to find it).
After some minor involvement with this company years ago, which involved much personal frustration on my part when i was affected by some of the decisions they made.
Trust me there is a book in the writing regarding this one, you dont get to be "Product of the Year" and spiral to your death without some major management FUBAR.
I've got my own thoughts but for now I'm waiting for the paperback edition from someone closer to the action.