Connect with us

Published

on

In this article

INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by
Avishek Das | SOPA Images | LightRocket | Getty Images

Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband access in the United States, the companies announced on Tuesday.

“We’re proud to be working together to explore bringing fast, reliable broadband to the customers and communities who need it most,” Amazon CEO Andy Jassy said in a statement.

Amazon is working on Project Kuiper, a network of 3,236 satellites that it plans to use to provide high-speed internet to anywhere in the world. While Amazon has yet to launch its first Kuiper satellites, the Federal Communications Commission last year authorized the system and the company has said that it plans to “invest more than $10 billion” in Kuiper.

The companies’ partnership will see Verizon use Amazon’s system as an extension of its terrestrial service, with Kuiper adding “cellular backhaul solutions to extend Verizon’s 4G/LTE and 5G data networks,” the companies said.

Amazon and Verizon’s teams have begun working together “to define technical requirements to help extend fixed wireless coverage to rural and remote communities across the United States.” The companies see a wide variety of use cases for Kuiper’s extension of Verizon’s network, noting that it will look at “joint connectivity solutions” for industries including agriculture, energy, manufacturing, education, emergency response, transportation and more.

Late last year Amazon gave an early look at the performance of the “low-cost” satellite antenna it has been working on for Kuiper.

A Project Kuiper engineer sets up a a prototype antenna for a test.
Amazon

Jassy noted that “no single company will close the digital divide on its own,” as Kuiper is certainly not alone in the increasingly competitive field of high-speed satellite internet.

SpaceX’s Starlink network is the early leader in the market, with 1,740 satellites launched to date and more than 100,000 users in 14 countries who are participating in a public beta, with service priced at $99 a month.

British-owned OneWeb is the next furthest along in deploying satellites, with nearly half of its planned 648 satellites in low Earth orbit. Like Amazon’s collaboration with Verizon, OneWeb has partnered with AT&T for U.S. connectivity. OneWeb has raised $2.7 billion in funding since emerging from bankruptcy last year, with shareholders including the British government, Indian telecom giant Bharti Enterprises, European satellite operator Eutelsat, and Japanese investor SoftBank.

There are also other satellite broadband systems in various stages of development, including two U.S. systems – satellite-to-smartphone specialist AST SpaceMobile and Lockheed Martin’s partnership with startup Omnispace – as well as Canadian satellite operator Telesat’s Lightspeed network.

While Amazon has yet to send any Kuiper satellites to orbit, the company earlier this year signed a deal with United Launch Alliance for nine launches. The FCC’s authorization of Kuiper means Amazon is required to deploy half of its planned satellites within six years, so the company is on the clock to deliver about 1,600 in orbit by July 2026.

Continue Reading

Technology

Apple’s China iPhone sales grows for the first time in two years

Published

on

By

Apple's China iPhone sales grows for the first time in two years

People stand in front of an Apple store in Beijing, China, on April 9, 2025.

Tingshu Wang | Reuters

Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said, as the tech giant looks to turnaround its business in one of its most critical markets.

Sales of iPhones in China jumped 8% year-on-year in the three months to the end of June, according to Counterpoint Research. It’s the first time Apple has recorded growth in China since the second quarter of 2023.

Apple’s performance was boosted by promotions in May as Chinese e-commerce firms discounted Apple’s iPhone 16 models, its latest devices, Counterpoint said. The tech giant also increased trade-in prices for some iPhone.

“Apple’s adjustment of iPhone prices in May was well timed and well received, coming a week ahead of the 618 shopping festival,” Ethan Qi, associate director at Counterpoint said in a press release. The 618 shopping festival happens in China every June and e-commerce retailers offer heavy discounts.

Apple’s return to growth in China will be welcomed by investors who have seen the company’s stock fall around 15% this year as it faces a number of headwinds.

U.S. President Donald Trump has threatened Apple with tariffs and urged CEO Tim Cook to manufacture iPhones in America, a move experts have said would be near-impossible. China has also been a headache for Apple since Huawei, whose smartphone business was crippled by U.S. sanctions, made a comeback in late 2023 with the release of a new phone containing a more advanced chip that many had thought would be difficult for China to produce.

Since then, Huawei has aggressively launched devices in China and has even begun dipping its toe back into international markets. The Chinese tech giant has found success eating away at some of Apple’s market share in China.

Huawei’s sales rose 12% year-on-year in the second-quarter, according to Counterpoint. The firm was the biggest player in China by market share in the second quarter, followed by Vivo and then Apple in third place.

“Huawei is still riding high on core user loyalty as they replace their old phones for new Huawei releases,” Counterpoint Senior Analyst Ivan Lam said.

Continue Reading

Technology

Like Google, China’s biggest search player Baidu is beefing up its product with AI to fight rivals

Published

on

By

Like Google, China's biggest search player Baidu is beefing up its product with AI to fight rivals

Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background.

Future Publishing | Future Publishing | Getty Images

Chinese tech giant Baidu has bolstered its core search platform with artificial intelligence in the biggest overhaul of the product in 10 years.

Analysts told CNBC the move was a bid to keep ahead of fast-moving rivals like DeepSeek, rather than traditional search players.

“There has been some small pressure on the search business but the focus on AI and Ernie Bot is a key move ahead,” Dan Ives, global head of tech research at Wedbush Securities, told CNBC by email. Ernie Bot is Baidu’s AI chatbot.

“Baidu is not waiting around to watch the paint dry, full steam ahead on AI,” he added.

Baidu AI overhaul

Baidu is China’s biggest search engine, but — as is also being seen by Google — the search market is being disrupted.

Users are flocking instead to AI services such as ChatGPT or DeepSeek, which shocked the world this year with its advanced model it claimed was created at a fraction of the cost of rivals.

But Kai Wang, Asia equity market strategist at Morningstar, also noted that short video platforms such as Douyin and Kuaishou are also getting into AI search and piling pressure on Baidu.

To counter this, Baidu made some major changes to its core search product:

  • Users can now enter more than a thousand characters in the search box, versus 28 previously;
  • Questions can be asked in a more direct and conversational manner, mirroring how people now use chatbots;
  • Users can ask questions through voice but also prompt the seach engine with pictures and files;
  • Baidu has integrated its AI chatbot features, which enable users to generate photos, text and videos, into the product.

“This is more aligned with how people use ChatGPT and DeepSeek in terms of how they look for answers,” Wang said.

Outside of China, Google has also been looking to enhance its core search product with AI, highlighting how search has been under pressure from the burgeoning technology.

Baidu on the offense

Baidu was one of China’s first movers when it came to AI, releasing its first models and ChatGPT-style product Ernie Bot to the public in 2023. Since then, it has aggressively launched updated AI models.

However, the Beijing-headquartered company has also faced intense competition from fellow tech giants like Alibaba and Tencent, as well as upstarts such as DeepSeek.

These companies have also been launching new models and infusing AI into their products and Baidu’s stock has fallen behind as a result. Baidu shares have risen around 2.5% this year, versus a 30.5% surge for Alibaba and a 20% rise for Tencent.

“This is a defensive and offensive move … Baidu needs to be aggressive and perception-wise show they are not the little brother to Tencent on the AI front,” Wedbush Securities’ Ives added.

Continue Reading

Technology

AI voice startup ElevenLabs pushes global expansion as it gears up for an IPO

Published

on

By

AI voice startup ElevenLabs pushes global expansion as it gears up for an IPO

Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI.

Sopa Images | Lightrocket | Getty Images

LONDON — ElevenLabs, a London-based startup that specializes in generating synthetic voices through artificial intelligence, has revealed plans to be IPO-ready within five years.

The company told CNBC it is targeting major global expansion as it prepares for an initial public offering.

“We expect to build more hubs in Europe, Asia and South America, and just keep scaling,” Mati Staniszewski, ElevenLabs’ CEO and co-founder, told CNBC in an interview at the firm’s London office.

He identified Paris, Singapore, Brazil and Mexico as potential new locations. London is currently ElevenLabs’ biggest office, followed by New York, Warsaw, San Francisco, Japan, India and Bangalore.

Staniszewski said the eventual aim is to get the company ready for an IPO in the next five years.

“From a commercial standpoint, we would like to be ready for an IPO in that time,” he said. “If the market is right, we would like to create a public company … that’s going to be here for the next generation.”

Undecided on location

Fundraising plans

ElevenLabs was valued at $3.3 billion following a recent $180 million funding round. The company is backed by the likes of Andreessen Horowitz, Sequoia Capital and ICONIQ Growth, as well as corporate names like Salesforce and Deutsche Telekom.

Staniszewski said his startup was open to raising more money from VCs, but it would depend on whether it sees a valid business need, like scaling further in other markets. “The way we try to raise is very much like, if there’s a bet we want to take, to accelerate that bet [we will] take the money,” he said.

Continue Reading

Trending