Sirius XM Stock At Five-Year Low

Just as Lehman Brothers, Freddie Mac, and Fannie Mae are in serious financial problems, Sirius XM Satellite radio is also in dire straights. Sirius and XM merged in a deal that combined the two existing satellite radio stations in hopes to grow and expand their listener base.

Sirius XM Chief Executive, Mel Karmazin, made some [...]

Google Signs Exclusive Satellite Deal

The global internet giant, Google, has signed an exclusive deal with satellite company GeoEye for sole rights to images from its GeoEye One orbiter. GeoEye One produces the highest resolution satelitte that are commercially available to the public. These pictures of the earth’s surface Google wants to use for its mapping software, Google [...]