Bloomberg Businessweek Bloomberg Businessweek Weekend - October 3rd, 2025
Oct 4, 2025
Scott Wisniewski, President of AST Space Mobile, shares how their satellites aim to connect phones directly to space, forging partnerships with mobile operators. Mark Gurman, Bloomberg News' consumer tech expert, reviews intriguing holiday tech launches, including Meta's smart glasses and Amazon's device revamp. Louise Phillips Forbes, a seasoned NYC real estate broker, discusses current trends in Manhattan, highlighting foreign buyers and all-cash deals that are reshaping the market.
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Cruise Demand Remains Strong
- Carnival reports record revenue driven by higher ticket pricing and onboard spend, showing strong consumer demand for value-packed vacations.
- Management expects leverage to fall to 3.5x and plans to resume shareholder returns in early fiscal 2026.
Bahrain Pushes Data Center Growth
- Bahrain is actively courting cloud and data center investment by emphasizing regulation and human capital strengths.
- The kingdom stresses stability and diversified non-oil sectors to reassure investors amid regional uncertainty.
Satellites Aimed At Phones, Not Dishes
- AST Space Mobile targets direct cellular broadband to standard smartphones via operator partnerships rather than consumer dish-style satellite services.
- The company plans 45–60 satellites by end of 2026 to deliver broadband integrated with mobile operators.