US Stocks: Globalstar shares surge 10% as Amazon strikes $11.6 billion deal, rivaling Elon Musk's StarlinkGlobalstar shares surged after Amazon announced a $11.57 billion acquisition to expand its satellite internet ambitions. The deal boosts Pr...
14 Apr, 2026, 09.02 PM IST
US stocks today: US stocks jumps on Mideast de-escalation hopes; earnings in focusUS stocks climbed as optimism over possible US-Iran talks lifted sentiment, while investors digested mixed earnings from major firms. Tech ...
14 Apr, 2026, 08.04 PM IST
Amazon’s $11.57 billion Globalstar deal signals a major challenge to Musk's Starlink-Will this deal impact Starlink's dominance?Amazon’s $11.57 billion Globalstar acquisition marks a major push into satellite connectivity, aimed at challenging Starlink and expanding ...
14 Apr, 2026, 08.01 PM IST
Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Musk's StarlinkAmazon is set to acquire Globalstar in a significant deal. This move aims to strengthen Amazon's satellite services and challenge Elon Musk...
14 Apr, 2026, 06.00 PM IST
US Stocks | US stocks end mixed as Iran war worries linger before Holiday breakU.S. stocks closed mixed on Thursday, paring earlier losses as diplomatic efforts in the Middle East eased concerns over oil supply disrupt...
03 Apr, 2026, 01.41 AM IST
Amazon eyes $9 billion Globalstar deal to rival SpaceX's Starlink: ReportGlobalstar's shares, which have more than doubled in market value over the past year, surged 24% to $85 in extended trading following the...
02 Apr, 2026, 09.12 AM IST
Globalstar, Apple's satcom partner, joins the race to enter India's space communications marketGlobalstar, Apple's satcom partner, seeks regulatory approval to offer services in India, joining Starlink, OneWeb, Amazon Kuiper, and Reli...
09 Apr, 2025, 12.46 AM IST
Apple and SpaceX link up to support Starlink satellite network on iPhonesApple is collaborating with SpaceX and T-Mobile to integrate Starlink satellite capabilities into iPhones, starting with a beta test in the...
29 Jan, 2025, 12.07 PM IST
Satcom providers divided over licensing norms for satellite earth station gatewaysSatellite earth station gateway (SESG) licensing requirements are causing a rift among satcom providers. Some argue for a separate, light-t...
28 Nov, 2024, 08.14 AM IST
Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansionShares of Globalstar jumped over 30%, while Apple was down around 1.4% a day after it forecast tepid quarterly revenue growth.
01 Nov, 2024, 09.38 PM IST
Starlink, SES differ with Amazon’s Kuiper, Apple partner on Trai’s unified satcom licence proposalGlobal satellite firms have differing stances on the Indian telecom regulator's proposal to merge authorisation regimes for satellite servi...
10 Aug, 2024, 11.31 AM IST
Apple’s satcom partner Globalstar says keen on India entryGlobalstar, an Apple satcom services partner, announced its intention to enter India's satellite communications market. The Delaware-based ...
09 Aug, 2024, 11.38 PM IST
Apple-backed Globalstar signs $64 million launch pact with SpaceXApple is reimbursing Globalstar for 95 per cent of the capital expenditures related to the satellites, including the launch costs, reports ...
02 Sep, 2023, 09.09 PM IST
Apple partner Globalstar taps former Qualcomm executive Paul Jacobs as CEOJacobs, 60, is also a board member of IPO-bound chip firm Arm and will replace David Kagan, who is retiring after about 5 years as CEO.
29 Aug, 2023, 07.30 PM IST
New iPhones have Qualcomm satellite modem, new Apple radio chipsApple said earlier this month that the iPhone 14 models contain new hardware that makes possible the emergency message service, which Apple...
18 Sep, 2022, 01.44 PM IST
Starlink had talks with Apple over satellite messaging feature: Musk"We've had some promising conversations with Apple about Starlink connectivity," Musk, who is also chief executive of Tesla Inc, said in a ...
09 Sep, 2022, 10.40 AM IST
iPhone 14 to have network even in remote areas? Apple planning satellite connectivity featureApple will unveil the iPhone 14 series on September 7.
27 Aug, 2022, 10.03 AM IST