The creditors of Global Crossing have reached a deal with two Asian companies [Hutchison Whampoa of Hong Kong and Singapore Technologies Telemedia Ltd.] interested in acquiring its assets, with the accord expected to open the way for more bidders. ... Global Crossing could now be auctioned by early July. The deal makes a liquidation of Global Crossing's assets more remote and eases concern over that possibility among employees and some creditors.

The future of IP (Internet Protocol) meets the future of IP (Intellectual Property):

"Welcome to the New Internet. You must immediately install this web filtering software and register with the Department of Censorship Services. Pick up your free 'Attack of the Clones' DivX at the next window. Thank you, drive through."