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Global Crossing (Nearly) Sold To Singapore

sQuEeDeN writes "According to money.cnn.com, the sale of Global Crossing to STT (Singapore Technologies Telemedia) has been permitted by the administration. There originally were concerns about this sale by the DoD/ DOHS but, by what I assume to be much behind-the-scenes negotiating, such concerns have been alleviated. Ultimately this shouldn't [knock] matter much but it's always interesting to see where your bandwidth comes from. We'll see what it means for the U.S. to have it's global bandwidth be owned by, well, someone else."

10 of 179 comments (clear)

  1. This could be a good thing... by Dimensio · · Score: 4, Funny

    Global Crossing is a notorious spam-haven. Perhaps, if it goes to Singapore, that will change for the better with spammers being sentenced to canings.

  2. Grammar nazis: Ready, set... by achurch · · Score: 2, Funny
    ... go!

    We'll see what it means for the U.S. to have it's global bandwidth be owned by, well, someone else.

  3. In other news by shaldannon · · Score: 3, Funny

    Global Crossing now provides free open relays for spammers... (OK, not really, but I'm gonna have nightmares about it tonight)

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  4. Let's just hope by media_whore · · Score: 3, Funny

    that Bush doesn't do anything to piss Singapore off in the near future.

    In other news (OT), does anyone know what the hell STFU means on a dishwasher LCD readout? I opened my dishwasher just then and it didn't stop running, therefore entirely covering me in water and bits of food. I closed it quickly and now it's blinking STFU on the LCD readout.

    1. Re:Let's just hope by GlassUser · · Score: 3, Funny

      Shut The Front Up?

  5. When will it end by ScrewMaster · · Score: 3, Funny

    Just another entry in the logbook of the continuing saga of America selling itself off piecemeal to the highest bidder. By the way, I have an extra video monitor for sale if anyone wants it.

    --
    The higher the technology, the sharper that two-edged sword.
  6. Approval terms by Waffle+Iron · · Score: 4, Funny
    There originally were concerns about this sale by the DoD/ DOHS but, by what I assume to be much behind-the-scenes negotiating, such concerns have been alleviated.

    Here are the ammended contract terms finally approved by DoD/DOHS:

    Cable Maintenence: Purchaser acknowledges that the communications system comprises many thousands of miles of optical fiber, and that this fiber will require periodic maintenence.

    ADDENDUM: Purchaser's employees may from time to time encounter a splice in said optical fiber. These splices may occasionally connect to black boxes and/or satellite dishes, or other equipment or devices. Purchaser acknowledges that such equipment or devices are NOT included in this transaction and are NOT the property of the purchaser. Purchaser agrees that UNDER NO CIRCUMSTANCES ARE THE PURCHASERS EMPLOYEES TO DISTURB, DISABLE, INTERFERE WITH OR DISCLOSE THESE DEVICES TO ANY PARTY. Purchaser's employees will at all times ignore these devices and deny their existence to any party that may inquire about such devices. If purchaser violates the terms of this clause, purchaser acknowledges that the entire communications network may be vaporized by a controlling third party without notice and without any compensation to the purchaser, and the security deposit will not be refunded.

  7. Worst that outsourcing... by CodePyro · · Score: 3, Funny

    it was bad enough when people lost jobs because they were outsourced now we're going to lose ever more job because of foriegn takeovers...if this isn't stopped i think its about time we start considering the option to outsource our congress...

  8. LOL mod this one up! by Travoltus · · Score: 2, Funny

    Outsourcing Congress is a GREAT IDEA! :)

    --
    --- Grow a pair, liberals... stop letting the Republicans bully you!
  9. Singapore? by Bingo+Foo · · Score: 2, Funny

    I guess that means no more chewing gum while online.

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    taken! (by Davidleeroth) Thanks Bingo Foo!