LightSquared Satellite Disabled By Last Week's Solar Storm 70
volts writes "Troubled LightSquared's primary Skyterra 1 satellite has been out of service since the solar storm on March 7. The company says it is 'working through the rebuild of the satellite tapping into the resources that were involved in the original program.' This development follows a stream of bad news including layoffs, default on payments, the resignation of CEO Sanjiv Ahuja and FCC rejection of a scheme to repurpose satellite frequencies for cellular data due to interference with GPS. Another kick in the teeth as company struggles to avoid bankruptcy."
This is a cover-up (Score:5, Insightful)
They'll use this as an excuse for bankruptcy/liquidation/etc. "Don't blame us, blame the Sun."
English, motherfucker! Do you speak it? (Score:3, Insightful)
From TFS:
Another kick in the teeth as company needs struggles to avoid bankruptcy.
Yep. as company needs struggles.
Now I've been around for a while, so I'm familiar with /.'s keyboard-bashing monkey approach to editing, and the general crappy quality of summaries. But it seems to me the last couple weeks have had a high incidence, even by /. standards, of these nonsense phrases in summaries. And it's getting old.
Re:A terrible idea that should have died long ago (Score:5, Insightful)
LightSquared made a $30,400 donation to the Democrats in Sept, 2010. One month later, in October, they made an identical $30,400 donation to the Republicans.
And yet strangely, people like SuperKendall only ever seem to mention the donation to the Democrats. I wonder why that is?
By the way, why do you feel that the FCC shouldn't have even let them test out their idea? Sure, it was probably doomed to failure, but I don't see the harm in letting them test it out with their own money.
Re:A terrible idea that should have died long ago (Score:3, Insightful)
Re:Interesting (Score:0, Insightful)
Yes, homeowners insurance is a complete ripoff. I was well inland during Hurricane Ike, and there was no flooding for miles, but the wind ripped a few shingles and a vent off my roof and the rain came in through the vents.
Water damage to the attic/ceiling was ruled as flooding (flooding that skipped the first two floors of the house, obviously!) by the homeowners policy with storm damage rider (the vent and shingles were covered as storm damage... except it cost about $500 to fix and I have 3% ($8k) deductible, lol). Flood insurance policy said "sorry we only cover REAL floods". I'm sure I could have lawyered up and forced one or the other to pay for the water damage but at that point I figured I'd just buy some sheetrock and fix it myself.
If I had lawyered up, I'd probably STILL be one of the people in a house with a tarp over the top listening to conservative fucktards tell me "hurr hurr quit whining and go buy insurance derrrrp!"