Amazon launches 29 satellites via United Launch Alliance as Big Tech’s broadband race heats up

Amazon's satellite internet launch could reshape global connectivity, challenging existing players and impacting the satellite industry dynamics. The post Amazon to launch initial Leo internet service this year as satellite network nears 400 appeared first on Crypto Briefing.

Michael Saylor has highlighted that Strategy’s open interest-to-market-cap ratio has climbed to nearly 72%, far exceeding the levels seen across the largest U.S. technology stocks as MSTR rebounds above $100 alongside Bitcoin’s recovery. According to a July 2 X post…

The upheld fine intensifies regulatory scrutiny on Big Tech, potentially altering market dynamics and Alphabet's competitive standing. The post Google loses final appeal against EU’s $5B antitrust fine appeared first on Crypto Briefing.

Anthropic is in early talks with Samsung to manufacture a custom AI chip while continuing to rely on Amazon, Google and Nvidia processors. The post Anthropic in talks with Samsung to manufacture custom AI chip appeared first on Crypto Briefing.

Microsoft follows Amazon, OpenAI and Anthropic with its new AI deployment group.

Meta shares jumped 8.8% after reports of a 'Meta Compute' cloud selling excess AI capacity, as chip stocks shed $1.3T in a rout. Can resale economics hold?

Amazon's massive AI investment raises concerns about short-term cash flow, potentially impacting investor confidence and stock stability. The post Amazon stock falls 12% in June as $200B AI spending spree spooks investors appeared first on Crypto Briefing.

Amazon Leo's satellite deployment enhances global internet access, fostering digital economy growth and competition, potentially lowering costs. The post Amazon Leo deploys 396 satellites, nearing Starlink competition appeared first on Crypto Briefing.