Amazon Acquires Globalstar for $11.57B to Enhance Satellite Services

Amazon plans to acquire Globalstar for $11.57 billion, aiming to expand its Leo satellite network and enhance direct-to-device services for Apple products. This acquisition will support the growth of Amazon's satellite capabilities, with plans to expand the network to over 3,200 satellites by 2027. In other news, CISA has identified six critical vulnerabilities in Fortinet, Microsoft, and Adobe products, urging vigilance against potential exploitation. Additionally, the NAACP has filed a lawsuit against xAI over unpermitted gas turbines near Memphis, citing health risks and environmental law violations. Alphabet's stock rises on AI-driven growth, while Novo Nordisk partners with OpenAI to accelerate AI-led drug development. Google announces penalties for back button hijacking, and Microsoft expands its data center footprint in Europe and Norway.