Following the announcement, shares of Globalstar surged over 30%, while Apple's stock dipped approximately 1.4% amid forecasts of modest quarterly revenue growth.

The inaugural Saudi Arabia AI and Drones Exhibition and Forum (SAADEF) will be in Riyadh held on Monday. Organized by the ...

If you had any idea that satellite connectivity isn’t a key part of Apple’s strategy, well, the company’s satellite partner Globalstar has disclosed changes to its deal with Apple, including a new ...

(Reuters) - Apple (AAPL.O) will invest up to $1.5 billion in Globalstar (GSAT.A), opens new tab to fund the expansion of its ...

Apple is preparing to invest approximately $1.5 billion in the satellite company Globalstar, Azernews ​reports.

Globalstar ( (GSAT) ) has shared an update. Globalstar, Inc. has updated its service agreements with Apple Inc. to expand its ...

The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.

Apple has promised another $1.1 billion to GlobalStar, its existing satellite provider, to improve iPhone messaging services.

Globalstar will use fresh Apple money to create, launch, and maintain the new satellite network and build additional ground ...

Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite ...

Apple is investing further in infrastructure for its satellite messaging features for iPhones, which enables texting without ...

Phone manufacturer Apple is strengthening its device service by injecting large amounts of money into satellite ...