The van Lambalgen theorem is a surprising result in algorithmic information
theory concerning the symmetry of relative randomness. It establishes that for
any pair of infinite sequences A and B, B is Martin-L\"of random and A
is Martin-L\"of random relative to B if and only if the interleaved sequence
A⊎B is Martin-L\"of random. This implies that A is relative random
to B if and only if B is random relative to A \cite{vanLambalgen},
\cite{Nies09}, \cite{HirschfeldtBook}. This paper studies the validity of this
phenomenon for different notions of time-bounded relative randomness.
We prove the classical van Lambalgen theorem using martingales and Kolmogorov
compressibility. We establish the failure of relative randomness in these
settings, for both time-bounded martingales and time-bounded Kolmogorov
complexity. We adapt our classical proofs when applicable to the time-bounded
setting, and construct counterexamples when they fail. The mode of failure of
the theorem may depend on the notion of time-bounded randomness