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Previous attempts to create a mass-market satellite phone may have failed miserably—just ask the backers of Globalstar, Iridium, and Odyssey—but a Virginia-based satellite firm believes it has a better solution that just may work this time. TerreStar Networks plans to launch a mobile phone service this year that offers a mix of satellite and cellular service. Unlike the bulky, brick-sized satellite handsets of years past, a TerreStar device will be no larger than a conventional smartphone. According to a Washington Post report, TerreStar phones will connect via the AT&T network when in cell range, and switch to the company’s satellite service when they’re not. It’s a clever idea, although one that probably won’t have mainstream appeal right off the bat. The target market? TerreStar hopes to attract federal agencies and... [read full story]
Since the crash, we've gotten used to thinking of real estate as a market shaped by national forces: Interest rates went down, Wall Street and homebuyers went nuts, regulators fell asleep at the switch, and -- voilà -- we had...
EAST HANOVER, N.J.----National Patent Development Corporation today announced that it has signed a definitive stock purchase agreement pursuant to which it will sell all of the issued and outstanding shares of common stock of...
Ambassador to also Visit Detroit Who: David Appia, French Ambassador for International Investment, and Chairman and CEO of the Invest in France Agency What: Ambassador Appia is available to meet with press to discuss recent...
Silver Wheaton Corp. is pleased to announce the appointment of Mr. George L. Brack to the Company's Board of Directors. Mr. Brack is a mining industry veteran with extensive experience in the areas of investment banking and...
