Word: iridium
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Dates: during 2000-2009
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...cost of what are called "extreme weather and marine" satellite phones from one of the two premier global providers, Iridium and GlobalStar, is $1,200 per unit. The cost of calls per minute is $5. Total cost for phones comes to $60,000 based on each team of pirates having two phones, and all of these probably get replaced each year due to damage. Assuming 100 minutes a month per phone and the total cost of airtime...
...ships that just collided are sources of a whole lot of potential new junk. The American craft - one of 65 communications satellites in an orbital flock known as Iridium - weighed 1,235 lb. The Russian craft, a now defunct satellite launched in 1993, weighed...
...authors give seven (of course!) common failure patterns, and they are not shy about listing the corporate Hall of Shame. The misbegotten strategies include Staying the (Misguided) Course (Kodak); Misjudged Adjacencies (Oglebay Norton); and Fumbling Technology (Iridium). But most relevant to the current Wall Street subprime crisis is the Green Tree Financial Corp. debacle. The firm made trailer-home ownership more accessible to low- and middle-income consumers. At its pinnacle, the company financed more than 40% of trailer homes, many with mortgages for people with bad credit. In 1998, Green Tree was bought by Conseco for a hefty...
...nearly 30 years ago that physicist Luis Alvarez and his son Walter, a geologist, proposed the giant-impact theory of dinosaur extinction. Their evidence was compelling: a thin layer of iridium in the earth's sediment dating to about the time of the die-off. Iridium is rare on Earth but common in asteroids. The iridium layer, mapped by the Alvarezes in scattered sites around the world, suggested an asteroid that vaporized on impact, spreading a cloud throughout the stratosphere. The argument seemed sealed in the 1990s, when geologists realized that a huge crater centered near Chicxulub, Mexico, was almost...
...pair of shades with a difference: it features a built-in MP3 player with enough capacity for about 240 songs. Style-wise, the latest Thump is a sleeker version of its predecessor: it takes inspiration from Oakley's Gascan range of sunglasses, and features a graphics-free, black iridium finish that will look as good on the street as it does on the ski slope or the beach. Another improvement is the way the tiny, dual-joint speakers can be made to pivot in six directions instead of two, allowing the wearer to position them at almost any angle. Operationally...