LightSquared CEO resigns: LightSquared announced Tuesday that its chief executive, Sanjiv Ahuja, has stepped down. He will continue to serve as chairman of the board. Doug Smith, the company’s chief network officer, and Marc Montagner, chief financial officer, will be named as interim co-chief operating officers while LightSquared searches for a new CEO.
The company also announced that Philip Falcone, CEO of Harbinger Capital, will be appointed to the company’s board of directors.
The executive shake-up comes after the Federal Communications Commission said it will not let LightSquared launch its high-speed wireless network because of interference problems with Global Positioning System satellites.
In a response to the letter, Google declined to delay the launch of the new policy and said it has been reaching out to regulators. The company added that it had already launched a campaign to inform consumers of the decision, and that delaying the policy would cause “a great deal of confusion for users.”
Microsoft says it did not file E.U. complaint: Microsoft said Tuesday that it has not filed a complaint with the European Union about Google+, running contrary to a Tuesday morning report from Reuters.
Jack Evans, a spokesman for Microsoft, said that the company had not filed any sort of formal complaint about Google+ with the European Union.
A later version of the Reuters report indicated a complaint had not yet been filed with the European Commission, but that the complaints could prompt the E.C. to broaden its investigation into Google’s position in the Web-search market.
Google did not immediately respond to a request for comment on the report.
Yahoo, Facebook in patent spat: Yahoo has demanded that Facebook pay it licensing fees for the use of several technologies used in Facebook’s operations, the New York Times reported. According to an unnamed source, representatives from Yahoo and Facebook met to talk about 10-20 Yahoo patents that the Sunnyvale, Calif.-based company said had been infringed upon.
Patent fights have become commonplace in the technology industry as of late, with several major industry players suing one another for licensing fees and infringement accusations regarding the technology used in Web sites, smartphones and tablets.
Apple confirms March 7 event: Apple confirmed Tuesday that it is holding a press event on March 7, teasing that the event will reveal the next iPad. Speculation has been flying that the next iPad will have a better graphics processor, display and faster chip.
Apple stock hit an all-time high Tuesday, cracking $530 per share; prices were at $534.38 per share as of 1:30 p.m. on Tuesday.