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Apple chooses Amazon satellites for iPhone, years after rejecting Starlink offer

Amazon has announced an $11.6 billion merger with Globalstar, along with a satellite collaboration agreement with Apple, marking significant advancements in its satellite and technology ventures.

MAIN POINTS
  1. Amazon merges with Globalstar in a deal valued at $11.6 billion.
  2. The merger aims to enhance Amazon's satellite capabilities.
  3. Amazon and Apple enter a satellite collaboration agreement.
  4. The deal signifies Amazon's strategic expansion in technology and satellite sectors.
TAKEAWAYS
  1. This merger strengthens Amazon's position in the satellite industry.
  2. Collaboration with Apple could lead to innovative satellite-based services.
  3. The deal reflects Amazon's commitment to expanding its technological infrastructure.
  4. Amazon's strategic moves may influence future industry trends in satellite technology.
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