Apple is set to invest as much as $1.5 billion in Globalstar, as the iPhone maker looks to enhance the satellite communication services available on its smartphones. The agreement includes a $1.1 billion cash investment by Apple, along with a $400 million purchase for a 20% equity stake in Globalstar. The satellite firm plans to allocate some of the investment towards…
Related Posts
Apple Watch, iPhone and Other Devices Could Have Multiple Security Vulnerabilities, Warns Cert-In
Apple devices, including the iPhone, iPad, Apple Watch, Mac and more running on older software could be vulnerable to multiple security flaws, said the Indian […]
SoftBank to Invest $500 Million in OpenAI: Report
OpenAI’s latest funding round has attracted Japanese telecom company SoftBank’s Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank’s […]
NASA New Study Challenges RNA’s Role in Life’s Molecular Handedness Mystery
NASA-backed research published in Nature Communications has found that RNA molecules exhibit no chemical preference for left- or right-handed amino acids under simulated early-Earth conditions. […]