Carl Icahn is no stranger in this field -- he's been caught tussling with Motorola and bidding Yahoo's board adieu in recent years -- and most recently, he's managed to get caught up in one of the bigger wireless whirlwinds this planet has ever seen. Just months after Icahn swooped in to buy some $250 million in company debt at around 40 cents on the dollar, he has managed to offload that very chunk for 60 cents on the dollar. Not surprisingly, his cash coffers are growing in turn, despite LightSquared's position as a whole looking only marginally less bleak. According to a Reuters report, creditors have agreed to another week-long extension (until May 14th) in order to talk things over with head honcho Philip Falcone. As of now, the startup has around $1.6 billion in debt, and while talks may delay the pain, we're still not getting the impression that the FCC (or anyone else, really) is warming to its propositions. Then again, maybe Facebook can just buy it in an act of charity prior to its IPO.

Carl Icahn unloads his LightSquared debt, creditor talks trudge on originally appeared on Engadget on Wed, 09 May 2012 03:11:00 EDT. Please see our terms for use of feeds.

Something tells us #teamiphone is going to adore this. Instagram has just updated its much-ballyhooed Android app, bringing the version to 1.1.0. What's new? Tilt-shift for "supported devices," enabling cameraphone shooters to add entirely too much blur to shots that could've used a tripod to begin with. We kid, we kid. But seriously, the download awaits in the source link.

Instagram for Android updated with tilt-shift capabilities, all becomes well on Earth originally appeared on Engadget on Tue, 08 May 2012 19:34:00 EDT. Please see our terms for use of feeds.

Whether or not Sprint's version of HTC's One X is indeed shipping on May 18th remains to be seen, but one thing's for sure: it'll almost definitely hit store shelves prior to Sprint's LTE network going live. Following the Galaxy Nexus' footsteps in that regard, the EVO 4G LTE seems to have no shame in its game, and the 219 page user manual has floated out for those interested in getting a head start on understanding their future superphone. The PDF's linked in the source for your perusal, but don't go digging for any of life's secrets. Well, there is a section on Private Browsing, but you know....

Sprint HTC EVO 4G LTE user guide slips out, tells you what you already know originally appeared on Engadget on Tue, 08 May 2012 19:01:00 EDT. Please see our terms for use of feeds.

Not exactly groundbreaking news here -- Clearwire's impending LTE TDD network is happening, regardless -- but it's always good to have the weight of a mainstay like Qualcomm behind you. Particularly when you're pushing uphill, into the wind, against far more established 4G networks from AT&T and Verizon Wireless. Qually has announced that it'll soon add support for the aforesaid waves, including Clearwire in its list of partners ready to ingest those multi-mode LTE chipsets that are so vital to our future enjoyment. The key here is support for 3GPP's Band 41 (B41) radio frequency, and we're told that the outfit plans to make chipsets supporting that band available "later this year." You're cool to wait, right?

Continue reading Qualcomm gets on the Band 41 bandwagon, pledges support for Clearwire's upcoming LTE TDD network

Qualcomm gets on the Band 41 bandwagon, pledges support for Clearwire's upcoming LTE TDD network originally appeared on Engadget on Tue, 08 May 2012 15:09:00 EDT. Please see our terms for use of feeds.

Plugged your iDevice into an iTunes-equipped machine lately? You should. Apple has just let loose iOS 5.1.1, a seemingly minor point update that actually promises to fix quite a few (potentially) substantial quirks. Coming two months to the day after the iOS 5.1 software update, the extra 0.0.1 is said to improve reliability of the HDR option for photos taken using the Lock Screen shortcut, address bugs that could prevent the new iPad from switching between 2G and 3G networks and solve a few issues that were affecting AirPlay video playback "in some circumstances." There's also improved reliability for syncing Safari bookmarks and Reading List, and Apple has purportedly fixed an issue where 'Unable to purchase' alert could be displayed after successful purchase. Sucked the update down yourself? Let us know how it goes in comments below, and peek the full changelog just after the break.

Update: Looks like iOS 5.1.1 has already been jailbroken. Huzzah!

[Thanks to everyone who sent this in]

Continue reading Apple's iOS 5.1.1 update for iPad, iPod touch and iPhone: fixes AirPlay and network bugs, jailbroken already

Apple's iOS 5.1.1 update for iPad, iPod touch and iPhone: fixes AirPlay and network bugs, jailbroken already originally appeared on Engadget on Mon, 07 May 2012 13:32:00 EDT. Please see our terms for use of feeds.