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News briefs: June 1-2
Posted: Mon, Jun 3, 2002, 8:06 AM ET (1206 GMT)
- Satellite Internet provider StarBand filed for Chapter 11 bankruptcy protection Friday, the Washington Post reported. StarBand executives said they have had problems billing its customers since EchoStar terminated its partnership with StarBand earlier this year. Gilat Satellite Networks, which founded the company and owns a portion of it, will provide financing to keep the company in operation as it reorganizes.
- Forner NASA administrator Dan Goldin has accepted a position on the board of directors of Lucent Technologies, a networking spinoff of AT&T. Goldin will fill the unexpired portion of the term of a director who resigned to join another company.
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