Amazon's Leo will be "six times better on the uplink performance than existing alternatives," CEO Andy Jassy said.

Globalstar shareholders will have the option of receiving 0.321 shares of Amazon stock or $90 in cash for each share of Globalstar stock they own. The $90 price represents upside of 31% to the stock's ...

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 said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.

Amazon is preparing to expand its nationwide delivery network and give up its long-standing partnership with the U.S. Postal Service as talks stall with the mail agency, according to three people with ...

Amazon is reportedly considering discontinuing use of the US Postal Service and building out its own shipping network to rival it, according to The Washington Post. The e-commerce behemoth spends more ...