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3 mins read

Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs

Wall Street analysts are mostly bullish heading into Amazon's earnings report. AWS is a bright spot…

Filip De Mott   


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2 mins read

One of Walmart's big bets is paying off in its retail battle against Amazon, analysts say

Walmart's logistics operations are pressuring Amazon and could limit its earnings, Wells Fargo anal…

Alex Bitter   


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2 mins read

A company developing Russia's answer to Musk's Starlink says it completed its first tests

Russian company Bureau 1440 said it had completed initial tests of its own laser inter-satellite li…

Thibault Spirlet   


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Amazon secures 83 rocket launches with Jeff Bezos' Blue Origin, ULA, and Arianespace to send its Project Kuiper internet satellites into space

"Amazon is investing billions of dollars across the three agreements," a spokesperson for Project K…

Kate Duffy   


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1 min read

Amazon is launching its first internet satellites next year. It'll be around 2,000 satellites behind SpaceX.

Amazon's Project Kuiper is building a satellite internet service to rival SpaceX's Starlink. The fi…

Tim Levin   


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2 mins read

Amazon CEO says AI may be the biggest tech transformation 'since the internet' in his annual letter

Amazon CEO Andy Jassy published his annual shareholder letter on Thursday — and yes, AI was a…

Ana Altchek   


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1 min read

Amazon acquires Facebook's satellite internet team, bolstering its efforts to compete with SpaceX

The talent acquisition, reported by The Information, ends Facebook's yearslong experiment with brin…

Tyler Sonnemaker   


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3 mins read

Kate Duffy   


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1 min read

Kate Duffy   


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2 mins read

Tesla boss Elon Musk gets fierce competition as Amazon announces biggest rocket deal in commercial space history

Elon Musk is set to get fierce competition in the affordable satellite-based internet market as Ama…

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2 mins read

Elon Musk accuses Amazon of trying to 'hamstring' SpaceX's Starlink satellite project, but Amazon says SpaceX is trying to 'smother competition'

Musk is in another public spat with Amazon, this time over SpaceX's request to bring Starlink satel…

Isobel Asher Hamilton   


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5 mins read

Amazon unveiled a 'breakthrough' Kuiper satellite-internet dish antenna that's 1/3 the size of SpaceX's Starlink device

The high-tech antenna, called a consumer terminal, is designed to link Amazon Kuiper subscribers to…

Dave Mosher   


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4 mins read

Dave Mosher   


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5 mins read

Elon Musk's political influence became even stronger this year

The billionaire SpaceX and Tesla founder is wielding more political influence as his empire of busi…

Polly Thompson   


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3 mins read

Amazon rips into Elon Musk in its dispute over Starlink, saying his companies believe 'rules are for other people'

Amazon took aim at Elon Musk in its latest filing in a series of tiffs with SpaceX over its plans t…

Grace Kay   


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2 mins read

Grace Kay   


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Elon Musk's Starlink is booming, with traffic almost tripling this year

Global internet traffic from Starlink nearly tripled in 2023 according to data from IT security fir…

Tom Carter   


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Amazon launches partnership with rival SpaceX to send competing satellites into orbit

Amazon and SpaceX have entered into a contract to conduct three Falcon 9 launches to support Amazon…

Katherine Tangalakis-Lippert   


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2 mins read

Elon Musk's SpaceX plans a record 144 launches next year for Starlink's Direct to Cell service

The schedule means Elon Musk's company will launch a mission every two-and-a-half days on average.

Polly Thompson