Amazon has agreed to acquire Globalstar, the satellite communications company, in a direct move to build out its own low-Earth orbit connectivity infrastructure and compete with Elon Musk's Starlink. The deal positions Amazon to vertically integrate satellite capacity into its existing Project Kuiper broadband initiative, rather than relying on third-party spectrum or network agreements. Globalstar brings licensed spectrum and operational satellite assets that Amazon could deploy to accelerate service availability for both consumer and enterprise customers. The acquisition marks a significant escalation in the commercial satellite broadband race, where Starlink currently holds a substantial first-mover advantage in subscriber count and global coverage. Investors will be watching how Amazon plans to consolidate Globalstar's infrastructure with Kuiper's planned constellation, and whether the combined entity can close the gap with SpaceX on deployment timelines and pricing. Regulatory clearance and deal terms will determine how quickly Amazon can convert the acquisition into operational capacity.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
