Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with ...

The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite ...

Amazon.com Inc. agreed to acquire satellite operator Globalstar Inc. in a roughly $11.6 billion deal that would expand the ...

The company's network of more than 200 satellites is dwarfed by SpaceX, which has about 10,000 units in orbit via Starlink.

Amazon today announced two satellite deals that it hopes will make its Amazon Leo network a more formidable competitor to ...

Amazon plans to acquire Globalstar to boost its satellite network, challenge Starlink, and enable direct-to-device ...

Amazon is buying the company that makes your iPhone's satellite features work. The acquisition puts Amazon at the center of Apple's satellite features and sets the stage for a future where "no service ...

Amazon has acquired satellite service provider Globalstar in its plan to provide connectivity services in 2028.

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

Amazon.com AMZN-0.38%decrease; red down pointing triangle is planning to sharply cut the number of packages it ships through the U.S. Postal Service, a move that could cost the agency billions of ...

Amazon is rolling out one-hour and three-hour delivery in some parts of the U.S. The company is speeding up deliveries even further after investing significant money and resources to make same-day ...

Amazon announced an additional $12 billion investment for data centers in Mississippi. This brings Amazon's total committed ...