SIRIUS Plans New Handheld

SIRIUS Satellite Radio announced last week that it expects to debut a new "personal live satellite radio product" later this month. Their current handheld product does not let users listen to satellite radio if the device is not connected to a computer. "Our personal live satellite radio product, Stiletto, is great," said Mel Karamazin, chief executive officer of SIRIUS. "We have been beta testing it for a few weeks and we will have it available to consumers by the end of the summer."