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New funding rounds confirm that money attracts money

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Money attracts money, as the saying goes. This week seemed to confirm it, with a couple startups announcing new rounds of funding …

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Apple Will Invest $1.5B in Globalstar to Expand Satellite Services

Apple has committed to investing about $1.5 billion in Globalstar, the company whose network of satellites provide communications services to owners of the latest iPhones. Apple wants more services and capabilities from Globalstar, which will extend its lead as one of only two providers of satellite services to phone users. …

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