Keep pulling the thread on Peter Beck.
Rocket Lab has agreed to acquire Iridium in an $8 billion deal.
Rocket Lab's offer for Iridium is $54 per share in a cash and stock transaction, representing a 27% premium to the company's Friday closing price.
South Korean firms, including Samsung and SK Hynix, plan to spend approximately $880 billion on chips and data centers to maintain their edge in the AI era.
Anthropic received U.S. approval to restore some access to its Mythos-5 AI model after resolving concerns about potential national security threats.
Rocket Lab's Neutron rocket is expected to become operational by the end of the current year.
Rocket Lab's Electron rocket set a world record for the fastest launch turnaround, achieving launch in 16 hours and 42 minutes after receiving a call-up from the U.S. Space Force.
Comcast plans to spin off NBCUniversal and Sky into a standalone public company, a process expected to be completed in about a year.
Samsung Electronics and SK Hynix are set to build four new chip fabrication plants in a project valued at approximately $518 billion.
South Korea aims to double its DRAM production capability within the next five years.
South Korea plans to invest approximately $650 billion in AI data centers by 2035.
Verizon projects a second-quarter loss of up to $800 million after striking a deal with the UK's BT Group to merge their international businesses into a new $4 billion joint venture.
Microsoft is set to lose $570 billion in market value in June, which would be its worst monthly stock performance since December 2000.