12:30 PM -- Our favorite press release from this morning's PR pile comes from SkyTerra Communications.
You can just tell from the first sentence that it's going to be a doozy:
SkyTerra Communications, Inc. (OTCBB:SKYT) announced today that it acquired a 22% equity stake in the MSV Joint Venture on an undiluted basis by converting the $51 million of MSV Joint Venture notes that it originally purchased in November 2001 into partnership units of MSV at their original conversion price of $6.45 per unit.
Confused? Don't be. I've diagrammed the sentence (or something) right here.
Machine learning is primed to help service providers run more efficient and effective networks, but first the good ideas have to make their way from the lab to the real world – and that's a big challenge, according to the University of Chicago's Nick Feamster.