launch

Tim Bradshaw

Gamers lined up to buy the new Nintendo 3DS in their thousands last night, according to UK retailers HMV and Game, as the Japanese electronics company goes head-to-head with Apple’s launch of the iPad 2 to see which gadget can attract the bigger crowd. 

Maija Palmer

Iridium logoThe past has a way of catching up with you. Iridium, the satellite phone company, has been working hard to re-invent itself following its 1999 bankruptcy. Last September it returned to the stock market through a reverse takeover, and has set about raising money for a new fleet of low-earth orbiting satellites.

In the 1990s Iridium launched with the idea of selling satphones to a wide consumer market, but was soon overtaken by the mobile phone industry. It became chiefly a niche provider of phones to aid workers and the military.

Now, Matt Desch, chief executive, believes there could be a big new market to be exploited in tracking all sorts of objects, from trucks and cargo containers to polar bears, by satellite.