from the can't-wait-for-the-new-conspiracy-theories dept.
fallen1 writes "Wireless broadband company LightSquared has filed for bankruptcy. In filings with U.S. Bankruptcy court, it was revealed that LightSquared had assets and debts of over $1 billion each. The decision followed a year-long fight between LightSqaured and GPS users — including some heavyweights like FedEx and UPS. Apparently Boeing and Alcatel-Lucent are heavily invested, but it would be interesting to see what the old Bell Labs could do with the technology."
"Anyone attempting to generate random numbers by deterministic means is, of
course, living in a state of sin."
-- John Von Neumann