Amazon announced that it will acquire the US satellite communications company Globalstar for $11.6 billion. The move is said to be aimed at competing with Starlink, the satellite internet service operated by Elon Musk’s SpaceX. Satellite-based internet and direct-to-device (D2D) technologies are creating a new field of competition in the telecommunications sector. Technology giants are … Continue reading Amazon Is Acquiring Globalstar for $11.6 Billion