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 Apple today launched its new all-in-one Apple Business platform, debuting the refreshed Apple Business web portal and accompanying app.
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OpenAI has acquired Hiro Finance, a startup that offers AI-powered financial planning tools. As first reported by TechCrunch, fiscal terms of the deal, which was announced on Monday, were not disclosed by OpenAI. However, all signs point this to being an acquhire, with Hiro founder Ethan Bloch writing on LinkedIn that the company's product would stop working on April 20. Users have until May 13 to migrate their data off of Hiro's servers before everything is deleted.
It's unclear if OpenAI plans to offer a dedicated financial planning tool in the mold of Hiro. At the start of the year, the company
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Amazon has today announced it is merging with satellite internet provider Globalstar Inc. to bolster Leo, its Starlink rival. Globalstar isn't a household name but you do know its work, as it provides Apple's emergency satellite connectivity for compatible iPhones and Watches. In a statement, Amazon says the deal will grow Leo's space-based footprint and enable direct-to-device service for its burgeoning satellite network.
An interesting wrinkle is Apple owns 20 percent of Globalstar, which it bought for $1.5 billion in 2024, but that didn't get a mention. Instead, the release says Amazon and Apple have agreed Leo will "power satellite services for supported iPhone and Apple Watch models." And that this support will continue as Leo's network evolves, as well as collaborating "with Apple on future satellite services using Amazon Leo's expanded satellite network."
The release adds Leo's direct-to-device service won't start until 2028, and the deal itself isn't expected to close until 2027. That is, of course, unless Amazon doesn't placate the FCC into extending its deadline to get more satellites into orbit before July 2026. At present, the company needs to have 1,600 satellites in orbit by that deadline, but only expects to have around 700 actually up in the heavens and working by then.
This article originally appeared on Engadget at https://www.engadget.com/general/amazon-buys-the-satellite-internet-company-behind-apples-sos-system-130150744.html?src=rss
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