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☆ Apple's iPhone 14 users get another year of free satellite SOS access
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +1 min

The Apple iPhone 14 Pro is seen at the Apple Fifth Avenue store in Manhattan, New York City, U.S., September 16, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNov 15 (Reuters) - Apple (AAPL.O) said on Wednesday iPhone 14 users would get free access to its emergency SOS feature for another year. Introduced a year earlier, the feature allows users to share their location through satellite from areas without network by using Apple's FindMy app and send messages to emergency services. Users of the iPhone 15 line-up will continue to have two years of free access to the service, provided through a partnership between Apple and satellite operator Globalstar (GSAT.A). Apple also introduced a roadside assistance feature earlier this year, helping its smartphone users to connect via satellite to the American Automobile Association for help in the United States.

Persons: Andrew Kelly, Apple, Harshita Mary Varghese, Devika Organizations: Apple, REUTERS, American Automobile Association for, Thomson Locations: Manhattan , New York City, U.S, United States, Canada

☆ Apple partner Globalstar taps former Qualcomm exec Jacobs as CEO
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Aug 29 (Reuters) - Globalstar (GSAT.A) on Tuesday named former Qualcomm (QCOM.O) top boss Paul Jacobs as its CEO, sparking a near 20% surge in the shares of the satellite firm behind Apple's emergency communication services. Jacobs, 60, is also a board member of IPO-bound chip firm Arm and will replace David Kagan, who is retiring after about 5 years as CEO. It will pay XCOM licensing fees including the issuance of about 60 million common stock shares valued at around $64 million. "Some of XCOM's leaders contributed to the original Globalstar system while at Qualcomm." Iridium Comunications (IRDM.O) partnered with Qualcomm earlier in May to develop emergency SOS messaging for Android users, going head-to-head with Apple.

Persons: Paul Jacobs, Jacobs, David Kagan, Globalstar, Jay Monroe, Arsheeya, Devika Organizations: Qualcomm, XCOM Labs, Apple, Iridium, Thomson Locations: Bengaluru

☆ Globalstar CEO Paul Jacobs talks Apple partnership and competition with SpaceX
▼ + stars: | 2023-08-29 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobalstar CEO Paul Jacobs talks Apple partnership and competition with SpaceXPaul Jacobs, Globalstar CEO and former Qualcomm CEO, joins 'Closing Bell Overtime' to talk competing with Elon Musk's SpaceX, the cost of launching satellites and partnering with Apple.

Persons: Paul Jacobs, SpaceX Paul Jacobs Organizations: Apple, SpaceX, Qualcomm, Elon

☆ Investing in Space: Texts from orbit
▼ + stars: | 2023-02-23 | by ( Michael Sheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Recently I woke up to a text message from a satellite, sent by Lynk Global co-founder and CEO Charles Miller. "I asked them to send that text message from one of our phones," Miller said. So far, the satellite operators of Globalstar , Iridium , SpaceX and AST SpaceMobile are also chasing this untapped market. It plans on "launching many more this year" and has an eventual goal of up to 5,000 satellites in orbit.

☆ Elon Musk has criticized Apple for years. Apple has mostly ignored him.
▼ + stars: | 2022-11-30 | by ( Kif Leswing | Lora Kolodny | ) www.nbcnews.com time to read: +9 min

This week, Musk claimed in a tweet that Apple had mostly stopped advertising on the Twitter platform. Apple is not alone in reducing its campaigns on the social media platform since Musk took over. If the so-called “Apple Car” ever came to market, Tesla and Apple would be direct competitors. Cook and MuskHave Apple CEO Tim Cook and Musk ever spoken in depth? Around 2016, according to the book, Musk and Cook spoke about Apple potentially acquiring Tesla.

This week, Musk claimed in a tweet that Apple had mostly stopped advertising on the Twitter platform. Apple is not alone in reducing its campaigns on the social media platform since Musk took over. Whether accurate or not, Musk's allegation that Apple has "threatened to withhold" Twitter from its App Store may resonate with other developers. One of the most notable people to switch sides was Doug Field, who started at Apple, joined Tesla and then rejoined Apple. In case anybody missed the reference to Apple's App Store, which Apple maintains as the exclusive way to distribute apps to its devices, Musk then faked a cough and said, "Apple."

☆ A 24-year-old stock trader who gained $280,000 in August and over $8 million in 2 years shares 6 key adjustments he made to continue being profitable in 2022's bear-market rallies
▼ + stars: | 2022-11-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He had heard about trading stocks from a friend and began to take up an interest in it. Kellogg began to notice the stock market trending negatively in November and December. On September 7, Kellogg attempted to buy the dip on Globalstar, Inc. (GSAT) after the stock's price spiked to $3 intraday. Eventually, it was followed by a four-day bounce back before the stock market continued trending lower. He normally reviews headlines to see why a stock's price may be moving upwards.

☆ Apple rolls out iPhone emergency SOS satellite alert service for when you're off the grid. Here's how it works
▼ + stars: | 2022-11-15 | by ( Sofia Pitt | ) www.cnbc.com time to read: +4 min

AppleApple is trying to give iPhone users a measure of safety even when they're in a place without cell service. Using emergency SOS via satellite on iPhone 14Emergency Text via Satellite. How to demo emergency SOS via satelliteTo try out emergency SOS via satellite, Apple has a demo option. Tap Emergency SOS. For now, emergency SOS via satellite is only available in the U.S. and Canada.

☆ Apple invested $450 million in a satellite-powered SOS system. We tested it out
▼ + stars: | 2022-11-15 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

The free feature promises to let iPhone users contact dedicated dispatchers in emergency situations via satellites when a cell phone network is unavailable. During my test with an iPhone 14 provided by Apple, I attempted to call 911 but was automatically redirected to Emergency SOS via Satellite dispatchers for the purposes of the demo. On Tuesday, Apple will launch the Emergency SOS with Satellite feature for those with an iPhone 14 in the United States and Canada. Apple said because the user may be in a distressed state, a questionnaire helps to gather critical information more quickly. For now, Emergency SOS via satellite only works in English, Spanish, and French, although the dispatchers have professional interpretation services available for many more languages.

☆ Apple will spend $450 million with Globalstar and others to enable emergency satellite texting
▼ + stars: | 2022-11-10 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple said Thursday it will spend $450 million with U.S. companies to enable its new emergency satellite texting feature. The majority of that money will go to Globalstar , Apple said, a Louisiana-based company that operates the satellites that make the feature possible. Apple isn't taking an equity stake in the company but it is committing to spend money for equipment and the service's operations. In September, Apple announced Emergency SOS with Satellite as a banner feature on new iPhone 14 models. Apple's payment to Globalstar will come from Apple's Advanced Manufacturing Fund, a pool of money the company uses to support U.S.-based suppliers.

☆ Rocket Lab reports record quarterly revenue, with added contract wins
▼ + stars: | 2022-11-09 | by ( Michael Sheetz | ) www.cnbc.com time to read: +3 min

An Electron rocket launches from the company's New Zealand facility on Nov. 4, 2022. Rocket Lab delivered quarterly results on Wednesday that boasted record revenue, with the space company tacking on additional contract wins across its business. Rocket Lab stock is down 61% this year as of Wednesday's close of $4.74 a share. Additionally, Rocket Lab signed a research agreement with the Pentagon's United States Transport Command to "explore cargo transport use" with its rockets. Rocket Lab has begun production of the hardware for its forthcoming, larger Neutron rocket.

☆ The major space players and diverging strategies in the race to connect your smartphone via satellites
▼ + stars: | 2022-10-23 | by ( Michael Sheetz | ) www.cnbc.com time to read: +6 min

It's long been a dream of satellite communications visionaries, but bulky, specialized and typically expensive satellite phones fell short of mass appeal. While SpaceX has launched more than 3,000 first generation satellites so far, adding a direct-to-phone service will require thousands more. Private venture Lynk Global likewise aims to provide a cell tower in space from satellites, with plans for a constellation of several thousand in a few years. And while some build out satellite networks, other major players are eyeing Earth-bound innovations, with systems dependent on a specialized antenna in phones. In partnership with Globalstar , the feature allows users to send compressed text messages from iPhone 14s via satellites.

☆ How to invest in communications stocks, a sector that's huge, highly diversified, and growing — offering something for almost every type of investor
▼ + stars: | 2022-09-21 | by ( Amy Fontinelle | Read More | Read Less | ) www.businessinsider.com time to read: +12 min

Here's what you should know about how to invest in communications stocks, what the risks are, and what rewards you might anticipate. Companies in the media, entertainment, interactive gaming, information creation, and information distribution businesses also belong to the communications sector. Basically, it expanded the existing telecommunications sector to become a broader communications services sector. The advantages of communications stocksThere are a variety of reasons for investors to consider communications companies. And the COVID-19 lifestyle shifts might make us permanently more reliant on communications companies, even once the pandemic is behind us.

☆ New iPhones have Qualcomm satellite modem, new Apple radio chips
▼ + stars: | 2022-09-17 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

An employee of electronics repair firm iFixit is seen opening models from Apple?s iPhone 14 lineup to reveal a circuit board inside in this undated handout image. Apple released its iPhone 14 lineup on Friday. Apple said earlier this month that the iPhone 14 models contain new hardware that makes possible the emergency message service, which Apple plans to turn on with a software update coming in November. In a statement to Reuters on Saturday, Apple said there is additional proprietary hardware and software in the iPhone 14 for the new messaging feature. “iPhone 14 includes custom radio frequency components, and new software designed entirely by Apple, that together enable Emergency SOS via satellite on new iPhone 14 models," Apple said in a statement.

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