Amazon to Acquire Globalstar for $11.57bn to Compete with Starlink

Amazon announces its acquisition of satellite firm Globalstar for $11.57 billion, pending regulatory approval. This deal provides Amazon access to Globalstar's network of 24 satellites, enhancing its capabilities in the space sector and positioning it to compete with SpaceX's Starlink, which has around 10,000 satellites in orbit.

Read the full story at The Guardian AU→