Amazon's Project Houdini aims to accelerate AWS data center builds using modular construction, reducing labor hours and speeding up deployment.

Amazon (NASDAQ:AMZN | AMZN Price Prediction) stock is up 5% today, rising from $239.89 to $252, after the company announced a blockbuster $11.57 billion acquisition of Globalstar (NASDAQ:GSAT). The deal is designed to turbocharge Amazon’s Project Kuiper satellite broadband initiative and put it in direct competition with SpaceX’s Starlink.

Amazon acquires Globalstar for $11.6 billion to compete with SpaceX's Starlink, bringing satellite connectivity to smartphones everywhere by 2028.

Amazon (AMZN) stock gained over 4% on Thursday afternoon after the company announced that its satellite internet business, Project Kuiper, landed JetBlue (JBLU) as its first airline customer. JetBlue stock fell 6%. Starting in 2027, Project Kuiper's ...

Amazon’s Project Houdini aims to shift data centre construction to factory-built modules, reducing build time and labour, while helping AWS scale AI infrastructure faster amid rising demand.

Amazon (NASDAQ:AMZN | AMZN Price Prediction) shares are up 5% in Thursday’s session, climbing from $221.25 to $232 as of midday. Multiple independent catalysts are landing simultaneously, each capable of moving the stock on its own.

Amazon announced that JetBlue Airways is the first airline with plans to eventually bring the Project Kuiper satellite internet network to its passengers. The news comes as Amazon gears up for its fifth-overall mission since late-April to deliver a batch ...

A massive Amazon warehouse plan that was previously denied in the Orange County town of Wawayanda is back - and so is the controversy surrounding it. The proposal calls for a 3.2-million-square-foot distribution center on roughly 100 acres near McBride ...

JetBlue is partnering with Amazon’s Project Kuiper network of broadband internet to improve the type of connection passengers can get mid-flight. Becoming the first U.S. airline to offer free high-spend Wi-Fi access on its planes in 2013, JetBlue will ...

Reading time 2 minutes Amazon is acquiring satellite operator Globalstar, the tech giant announced on Tuesday morning. The acquisition is the latest signal that Amazon is determined to become a major competitor to Elon Musk’s Starlink.