EchoStar Takes $16.5 Billion Charge, Sells More Spectrum
EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s…
Alphabet, Amazon Stakes in Anthropic Boost Profit by Billions
Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings…
Globalstar Draws SpaceX Interest in Sale Process
Globalstar Inc. is exploring a potential sale and has held early talks with Elon Musk’s SpaceX among other…
Elon Musk’s Starlink Starts Security Tests in India
Elon Musk’s Starlink is starting security tests in India, one of the final hurdles for the company as…
Trump, Billionaire Isaacman Said to Meet About Top NASA Job
Jared Isaacman and President Donald Trump have met in recent weeks and discussed reviving the fintech billionaire’s nomination…
xAI to Raise $20 Billion After Nvidia and Others Boost Round
Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp.…
Podcast: Why Javier Milei’s Chainsaw Suddenly Jammed
Listen and subscribe to Everybody’s Business on Apple, Spotify, iHeart and the Bloomberg Terminal. This year came with…
Microsoft to Put More Computing Power Behind In-House AI Models
Microsoft Corp. plans to expand its physical infrastructure to train its own artificial intelligence models that it hopes…
South Africa Pushes Rule Review That Would Ease Starlink Entry
South Africa is prioritizing a policy-review process that may result in Elon Musk’s SpaceX and other satellite-internet companies…
Elon Musk’s Starlink Satellite Service Loses its Shine With Consumers in Kenya
Some Kenyans turned to Elon Musk’s Starlink satellite communications service after the government tried to restrict access to…
Samsung to Produce Chips for Tesla (TSLA) in $16.5 Billion Deal
Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks…