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"The port industry had to quickly shift gears, and in 2009 operators went into cost-control mode and renegotiated, postponed or canceled development projects".
The U.S. Army yesterday canceled development of the long envisioned but never built Comanche helicopter program, citing business reasons for termination of the project, which has already cost $8 billion.
Warner Bros. canceled development to focus on individual Superman and Batman projects after Abrams submitted another draft for Superman: Flyby.
GPC Biotech canceled development in 2003, saying that Bryostatin 1 showed little effectiveness and some toxic side-effects.
However, Warner Bros. canceled development to focus on individual Superman and Batman projects after Abrams submitted another draft for Superman: Flyby.
While LucasArts proceeded to produce Escape from Monkey Island in, they canceled development of sequels to Sam & Max Hit the Road and Full Throttle stating that "After careful evaluation of current market place realities and underlying economic considerations, we've decided that this was not the appropriate time to launch a graphic adventure on the PC".
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And NASA should be charged to reduce or cancel development projects that are not performing to cost.
However, Lego cancelled development of its online Universe game, which was launched in late 2010, after a disappointing reception.
In the central city of Da Nang, which has thrived during the past decade, officials have been forced to cancel development projects on the outskirts of the city.
Some companies have also had to delay or cancel development projects due to funding difficulties arising from the global credit crisis.
Essential, the smartphone company helmed by Android co-creator Andy Rubin, is trying to sell itself and has cancelled development of its next phone, Bloomberg reports.
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