Amazon Eyes Globalstar Takeover to Challenge Starlink
Amazon is negotiating to acquire Globalstar to speed up its satellite internet project and compete with Elon Musk’s Starlink. Apple’s 20% stake adds complexity to the deal.
/ 82 items
#AMZN↓
Software Stocks Plunge as Amazon’s New AI Agent Sparks Disruption Fears
Software stocks (IGV) dropped 4.3% after Amazon revealed it’s building AI agents to automate sales, cybersecurity and networking jobs.
FCC Bans New Foreign-Made Wi-Fi Routers Over Security Risks
The FCC has banned imports of all new foreign-produced Wi-Fi routers citing national security threats. What it means for TP-Link, Netgear, your home Wi-Fi and future router purchases.
Uber Bets $1.25 Billion on Rivian Robotaxis: 50,000 Self-Driving R2s by 2031
Uber commits up to $1.25B in Rivian to deploy 10,000+ autonomous R2 robotaxis starting 2028 in SF & Miami (first phase), expanding to 25 cities by 2031. Exclusive on Uber app.
From $300B to $600B: Andy Jassy Sees AI Doubling AWS's Future Size
Amazon’s (AMZN) Andy Jassy said during an internal employee meeting that AI could push AWS annual sales to $600B within a decade—doubling his prior $300B forecast—from the current $128.7B.
Pokémon Pokopia: The Cozy Hit That's Selling Out and Skyrocketing Nintendo Shares
Pokémon Pokopia, a cozy Animal Crossing-style life sim for Switch 2, is selling out at retailers and sending Nintendo shares up 6% in the U.S.