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Amazon to Buy Globalstar for $11.6 Billion

Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg’s Michelle Davis reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch…

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Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg’s Michelle Davis reports.
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6 Comments

6 Comments

  1. @vanessaland5090

    April 14, 2026 at 12:19 pm

    Can someone get that bro to work on his ums, ahs, you know. It’s makes up more than half of what comes out of his mouth. It’s very annoying and unprofessional, especially for media. It even affects the guests who then start doing it too.

  2. @jab16399

    April 14, 2026 at 12:38 pm

    Satcomm is way outside Amazon’s core competence. Why?

  3. @Ronaldo_umut0173

    April 14, 2026 at 1:32 pm

    I’m buying Dep53h now 🎉🎉🎉🎉🎉

  4. @Naziş_0

    April 14, 2026 at 1:33 pm

    Welcome to the Dep53h community 🇿🇦💎

  5. @enescan_elc

    April 14, 2026 at 1:33 pm

    We will all buy Dep53h at the price we deserve.

  6. @J19118

    April 14, 2026 at 2:01 pm

    Stock price will eventually go back down from all their spending or am i wrong?

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Bloomberg Technology

Has the AI Rally Gone Too Far, Too Fast?

Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight.
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Bloomberg Technology

Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul

Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth. “Our business today is not…

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Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth.
“Our business today is not healthy,” Chief Executive Officer Asha Sharma wrote in a note to staff Monday morning, adding that Xbox is operating at margins three to 10 times lower than comparable businesses. “We must reset Xbox.”
Brody Ford, Bloomberg Technology Reporter, joined Bloomberg’s Paul Sweeney and Scarlet Fu to talk about Microsoft’s XBox layoffs.
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Bloomberg Technology

Chip Stocks Tumble on AI Anxiety as Oil Climbs

A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations.
Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility.
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