WildBlue s satellite modem is expected to serve the same purpose as a dial-up modem, DSL modem or a cable modem, the company said. A Manhattan bankruptcy court approved the asset transfer in November. Meanwhile, a bankruptcy court this week approved a settlement that will allow creditors impacted by the failure of the original Iridium endeavor to proceed with a lawsuit against the sat-phone service's former primary backer, Motorola. Getting the Lehman facility may be an important move for the satellite radio company. According to observers on Wall Street, Lehman was watching the development of the Sirius system closely.
Lehman approval adds evidence to the system's capability.
The T. Howard Foundation named George W. Bodenheimer, president of ESPN, as honorary chair for the eighth Annual T. Howard Foundation Dinner Gala. The annual dinner, which serves as the primary fundraising event for the foundation, will be held April 5 at the Marriott Marquis in Manhattan. As president, Bodenheimer oversees ESPN's domestic and international business entities, which number more than 40 and include television, radio, the Internet, print, restaurants and more. Costas Goes On The Record - Appearing on HBO March 10 at 11 p.m. The show features in-studio guests from sports, entertainment and politics.