Amazon bought Facebook’s satellite team to help build Starlink competitor

Facebook has sold its small-satellite Internet division to Amazon and said it has no plans to become an Internet service provider. Amazon and Facebook both confirmed the sale to Ars today. The Information first reported that "Amazon has acquired a team of more than a dozen wireless Internet experts from Facebook in an effort to boost its multibillion-dollar effort to launch thousands of satellites... More

(Source: Ars Technica - Jul 16)