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Google investment revives satellite Internet talks

from USA Today

It was a hot idea in the '90s: Provide global Internet access with mega-constellations of dozens or hundreds of small satellites flying in low Earth orbit. The result was "a bloodbath of serial bankruptcies," one financial analyst wrote recently. Several companies including Teledesic, which planned to launch more than 800 satellites and claimed Microsoft co-founder Bill Gates as an investor, failed. more

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