SpaceX spectrum deal sends Verizon to worst day since 2002
Starlink's push into mobile spectrum is spooking investors, and the sell-off shows how fast the telecom moat is eroding.

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Executive intelligence curated from Americas sources and global coverage.
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Starlink's push into mobile spectrum is spooking investors, and the sell-off shows how fast the telecom moat is eroding.
SpaceX agreed to buy a nationwide spectrum portfolio to push Starlink deeper into telecom. Incumbent carriers are already feeling the pressure.
Xbox Cloud Gaming becomes the only place to stream GTA VI at launch, a move CEO Asha Sharma says no rival is matching.
David Ellison's original production company name will brand the combined studio, a signal of who is really running the show.
The chip giant is buying the AI world-modeling startup founded by Dr. Fei-Fei Li, putting the prominent researcher in charge of AMD's AI research.
The cruise giant is buying a 50% stake in the all-inclusive resort chain for $3 billion, a bet that land-based vacations are the next growth engine.
David Ellison says the Paramount-WBD merger has full clearance after settling with state AGs, clearing the path for an October 1 close.
Apple's first foldable, the iPhone Duo, marks a major product bet for new CEO John Ternus, with a 7.6-inch unfolded screen.
The Saudi-backed league's financial collapse raises urgent questions for sponsors, players, and the broader golf economy.
The Boeing 767 freighter from San Juan struck vehicles and erupted in flames, prompting a ground stop and a fresh NTSB investigation into Amazon's air cargo network.
The Boeing 767, operated by 21 Air, was arriving from San Juan when it overshot the runway, triggering a ground stop and multiple injuries.
The FAA ground stop at Miami International Airport shows how one aircraft incident can freeze a major hub and disrupt supply chains.