The FCC's Space Bureau approved Amazon Leo's acquisition of Globalstar on Oct 27, including about 25 MHz of Globalstar's mobile-satellite spectrum, under delegated authority. The deal, reported by Reuters at $11.57 billion, is still expected to close in 2027, and Amazon says it will keep supporting iPhone and Apple Watch satellite features.
President Trump is restoring America’s technology leadership. And this FCC authorization is a significant step towards supercharging next-generation connectivity.
By approving this deal, the FCC has empowered Amazon Leo to deliver fast, next-gen satellite broadband services, increase competition, and help communities stay connected all across the country.
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Amazon's Bee unit launched the $74.99 Bee Frontier AI wristband, available now in the US, and announced the Bee Eclipse phone attachment, starting at $99.99 and coming soon.
Ring has announced its first smart lock that uses thumbturn cranking to generate power and avoid dead-battery lockouts, plus several new 4K cameras with improved low-light performance. The lock arrives in Q1 2027 for $249 while the cameras are available immediately.
Japan is preparing a subsidy for a Rakuten-led low-Earth orbit satellite project to create a domestic direct-to-mobile network. The effort seeks to cut reliance on foreign providers for disaster response, remote coverage, and future infrastructure.
Amazon is in talks to buy AI startup Decart in a deal that could value it at around $7 billion, the WSJ reports, citing people familiar with the matter. Reuters could not immediately verify the report. Decart was valued at about $4 billion in May.
Amazon has confirmed that MGM and Amazon Game Studios will lead all future James Bond video games. The update follows the company's IP acquisition, which occurred after the deal for the recently released 007: First Light and aligns with its strategy to expand game properties into Prime Video series.
