Apple's 20 percent stake in satellite partner Globalstar has become a sticking point in Amazon's reported bid to acquire the company, according to the Financial Times ($). Amazon is in talks to buy Globalstar in a deal that would value the satellite telecommunications firm at roughly $9 billion, as part of a broader push to compete with SpaceX's Starlink.

Apple's 20 percent stake in satellite partner Globalstar has become a sticking point in Amazon's reported bid to acquire the company, according to the Financial Times ($). Amazon is in talks to buy Globalstar in a deal that would value the satellite telecommunications firm at roughly $9 billion, as part of a broader push to compete with SpaceX's Starlink.

Apple's 20 percent stake in satellite partner Globalstar has become a sticking point in Amazon's reported bid to acquire the company, according to the Financial Times ($). Amazon is in talks to buy Globalstar in a deal that would value the satellite telecommunications firm at roughly $9 billion, as part of a broader push to compete with SpaceX's Starlink.