LightSquared founder Philip Falcone to step down 'eventually', attempts to dodge the bankruptcy bullet

In an effort keep the troubled LightSquared from the brink of defaulting on its debt, its founder will step down from the company. While it doesn't look immediate, (people "familiar with the negotiations" are using the word "eventually") it's Philip Falcone's latest attempt to extend a debt-term violation that expires this morning. According to the same sources, if the initial extension is okayed, Falcone and LightSquared's lenders are aiming for a greater period of around 18 months to repay $1.6 billion in loans and pass the FCC's requirements for its network. The company's board is still deliberating on whether to accept the deal, which would stop the company filing for bankruptcy protection. Unfortunately, it looks like those new 4G network dreams just got hazier.

LightSquared founder Philip Falcone to step down 'eventually', attempts to dodge the bankruptcy bullet originally appeared on Engadget on Mon, 30 Apr 2012 06:56:00 EDT. Please see our terms for use of feeds.

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Commercial space shuttle prototypes fly through wind tunnel testing

A pair of companies developing their own commercial space shuttles are presumably trying to flatten their hair after some rigorous wind tunnel testing. First up, Blue Origin, founded by Jeff Bezos (the guy behind Amazon), which has largely quiet on its efforts to shuttle astronauts to the International Space Station. Its Space Vehicle setup will plump for a biconic shape (seen above), with a flattened side and a split flap. According to Blue Origin's president, Rob Meyerson, the shape allows greater volume than traditional designs, but forgo the "weight penalty" of winged craft. Compared to earlier capsules, the Space Vehicle's shape, with its fuselage flap to generate lift, should also give it better control on re-entry to earth.

Juggling for wind tunnel time, Sierra Nevada's Dream Chaser has also been blasted with smoke to test its own air resistance credentials. Its module would lauch from the top of the rocket, and glide (as much as anything that costs this much can) back to earth like NASA's own space shuttles. The Dream Chaser is planning its first flight for this fall. You can check out its more traditional take on the future of space travel after the break -- and decide which of the two you'll want sending your children to the mines.

[Picture credit: Blue Origin, SNC]

Continue reading Commercial space shuttle prototypes fly through wind tunnel testing

Commercial space shuttle prototypes fly through wind tunnel testing originally appeared on Engadget on Mon, 30 Apr 2012 09:32:00 EDT. Please see our terms for use of feeds.

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Original 'Joe Millionaire' Is Sorry for Being a "Douche"

Remember Evan Marriott, a.k.a. Joe Millionaire? The original star of the 2003 Fox reality hit, Marriott was a very handsome construction worker masquerading as an eligible millionaire; the audience knew his secret, but the women in the Bachelor-style competition did not. After the season ended, Marriott got a little drunk with his newfound fame, telling People that he didn't like any of the girls on the show (including the one he chose) -- and that all he wanted was a "blonde with big boobs, a little waist and a big, thick bubble butt."

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Scalado Album launches for Android, we go hands-on (video)

Scalado just released Album, its first ever Android app to land in Google's Play store. The company -- which is best known for imaging technologies such as zero shutter lag, Rewind and Remove -- usually provides software to device manufacturers instead of end users directly. Album is billed as "a simple to use, high performance, photo/video viewer with a clean and smooth user interface" that handles pictures up to 200 (!) megapixels in size. The app costs $0.99 and is available for both smartphones and tablets. It features some interesting touches, like the ability to browse geotagged images using a map view.

We had the opportunity to take Album for a spin before launch and the app offers an intuitive and responsive user experience. Beyond organizing photos into bins like the "camera roll" and the existing folders on your device, the main screen lets you browse content by time (monthly) and location (including nearby). Pictures can be deleted, shared, rotated in place, cropped and turned into wallpaper. Animated thumbnails are used for videos, and multiple items can be selected. Check the gallery below, and hit the break for Scalado's demo video and PR.

Gallery: Scalado Album hands-on

Continue reading Scalado Album launches for Android, we go hands-on (video)

Scalado Album launches for Android, we go hands-on (video) originally appeared on Engadget on Wed, 25 Apr 2012 06:00:00 EDT. Please see our terms for use of feeds.

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iCade Core coming to a tiny arcade near you in June

Bummed that you won't be making it out to E3 this year? Well, at least you'll be able to console yourself with your very own tiny iPad arcade. According to Ion, the iCade Core, the latest in the company's line of nostalgia-inducing Bluetooth tablet controllers, will be shipping to UK customers in mid-June for ?49.99 ($81) a pop. The iCade Mobile will be hitting right around the same time for the same price. Now you'll finally be able to experience Pac-Man the way it was meant to played: on a tablet attached to an oversized joystick.

iCade Core coming to a tiny arcade near you in June originally appeared on Engadget on Tue, 24 Apr 2012 11:57:00 EDT. Please see our terms for use of feeds.

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Megan Fox is Pregnant!

The Transformers bombshell is expecting her first child with her Beverly Hills, 90210 hubby! See more stars who are expecting

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"Knuckleheads" (TIME)

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Can video games bring families together or keep them apart? iVoices Amanda Rodriguez, Jenny Isenman and Christine Candelaria battle it out to find out if gaming can be good for their families and what rules they need to have in place. Do you think video games are beneficial? Chime in on our message boards.

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LG Optimus 3D Max now available in Europe

Having announced the device during Mobile World Congress the folks from LG have slowly been rolling out the LG Optimus Max 3D and now it's time for it to land in Europe. The phone's arrival in Europe signals the global launch of the second-generation 3D device from LG and as noted by Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communications Company:

“This device has evolved significantly since we introduced the first Optimus 3D at Mobile World Congress in 2011. Our second generation glasses-free 3D smartphone is as thin and light as any other high-end smartphone while still delivering a spectacular picture in either 2D or 3D.”

We took a hands-on look at the LG Optimus Max 3D shortly after it was announced and noticed quite a few software improvements that made the overall experience better then its predecessor. However, we came to the conclusion that if you didn't buy into the whole 3D thing before, you're not likely to with this device either. You can catch the full press release from LG past the break, though it does seem a little short on release info and pricing.

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