Why Amazon is buying Globalstar, and what it means for D2D satellite services
Globalstar, a satellite firm known for powering Apple’s Emergency SOS feature that enables its devices to send texts from isolated areas, has been bought by Amazon, marking the tech giant’s latest effort to bolster its nascent Leo satellite internet business as it looks to go head-to-head with Elon Musk's Starlink. Amazon said it will be acquiring Globalstar in a deal worth about $11.57 billion.