LightSquared has filed for bankruptcy
Another Obama tech wonder company dies: LightSquared has filed for bankruptcy.
From the beginning engineers were saying that LightSquared’s system would interfere with GPS. The only reason the company lasted as long as it did was because it had the political backing of the Obama administration. And the reason it had that backing is because the company’s CEO was a big supporter of Obama.
Another Obama tech wonder company dies: LightSquared has filed for bankruptcy.
From the beginning engineers were saying that LightSquared’s system would interfere with GPS. The only reason the company lasted as long as it did was because it had the political backing of the Obama administration. And the reason it had that backing is because the company’s CEO was a big supporter of Obama.