Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink. Read more
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Shipping Companies Remain Reluctant to Sail Through Strait of Hormuz
The United States said it has started to block vessels doing business with Iran from the strait. Details on how that would work are unclear. Read more
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Two Iran-linked Ships Passed Through Strait of Hormuz Ahead of U.S. Blockade
The vessels exited the Strait of Hormuz on Monday, hours before a U.S. naval blockade took effect. Read more
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