Can’t say it’s striking us as any sort of surprise, but the seemingly destined-to-fail LightSquared just might be out of options. After getting a high-five from Sprint and plenty of attention for its initiatives in bringing yet another wireless option to America, those blasted GPS interference issues (or ” supposed ” issues, depending on who you ask) eventually became too much to overcome. According to a breaking report out of The Wall Street Journal , Philip Falcone’s venture is seriously teetering on the edge of bankruptcy, as “negotiations with lenders to avoid a potential default faltered,” according to the ever-present “people familiar with the matter.” Purportedly, the two sides have until 5PM tomorrow to strike a deal that’ll keep the firm out of bankruptcy court (if you’ll recall, it owes over $1.6 billion dollars to various entities), but given just how far apart these sides remain, its fate seems all but sealed.

Read more:
WSJ: LightSquared ‘preparing’ for bankruptcy protection filing, final decision coming tomorrow

This is second edition of our weekly What we are listening to series.

More here:
What we are listening to: Sincerely CEO Matt Brezina

We’ve seen both the fast , and the furious , when it comes to hybrid cars — but we’ve yet to see a battery-packing Ferrari roll out of concept, and onto the forecourt.

Excerpt from:
Ferrari chairman reveals hybrid Enzo will come this year

What is 4G? Many an armchair philosopher over the past few weeks has pondered this concept and now, thanks to a minor tempest caused by upset customers, Apple has changed their iPad branding from “WiFi+4G” to “WiFi+Cellular.” Although the iPads were compatible with US 4G networks, the iPads didn’t work with international 4G connections, thereby dropping a few folks in Australia into a tizzy

View post:
To 4G Or Not 4G? Apple Pulls “WiFi+4G” Branding For iPads

Shopping for clothes in brick and mortar stories may give you instant gratification and the chance to try them on, but why bother when you can online, get bigger discounts, and have your clothes tailored to fit before they even get to your house? There are plenty of online clothing shops that will take your order and then customize your clothes to fit you like a glove, so you get style and comfort for a song.

Continued here:
Five Best Online Custom Clothing Stores [Hive Five]

Smartphone speakers are bad enough in a quiet room, and basically worthless with any ambient noise. An empty pitcher or vase though can amplify and direct the noise surprisingly well. More

Regular readers will know that the FCC is a bit of a virtual whistle-blower, alerting tech-hungry Americans to when new goodies might soon be landing on their shores. Other times it coughs up the odd thing we weren’t even waiting for.

Read this article:
NEC tablet with GSM and HSPA breaks cover at the FCC

It’s no secret that many deals have been struck and key relationships formed at TechCrunch founder Michael Arrington’s former house in Atherton. In case you aren’t familiar, Arrington threw epic parties at his home for the tech community in the early days of TechCrunch. Police were called, booze was flowing, people passed out.

Read more from the original source:
Box: The Path From Arrington’s Backyard To A Billion Dollar Business

Breakfast in Bed? (Image: Jonathan Liu) For all our own moms, and for all the wonderful women who have made us the happy dads we are, thank you, and have a special – and geeky – day

See the article here:
Happy Geek Mom’s Day!

I have a confession to make: I like CTIA Wireless. A lot of my colleagues in tech media are down on the show, saying that it’s dying . They’re right in one sense.

Go here to read the rest:
CTIA: The good, the bad and the very, very ugly