-By Warner Todd Huston
The startup wireless service that the Obama administration is investing both financial and political capital in, a company called LightSquared, seems to have suffered a massive technical failure, one that has been warned about for some time. Despite the warnings, though the administration continues to push LightSquared causing many to worry about another Solyndra-like calamity.
Bloomberg Businessweek reports that testing of the wireless service is showing that its signal disrupts 75% of all global-positioning system receivers (GPS). Apparently, there is no doubt about this result, either….
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