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Amazon announced its acquisition of Globalstar for approximately $11.6 billion, aiming to strengthen its Leo satellite internet business and compete with SpaceX. The deal includes satellite operations and infrastructure, with plans for a direct-to-device satellite system by 2028.
Samsung has unveiled its 2026 lineup of Micro RGB TVs, featuring advanced AI processing for enhanced picture quality. The 55-inch model starts at $1,600, with larger models available.
Oracle and Bloom Energy's partnership for AI data center capacity has led to significant stock gains for both companies, with Oracle's shares rising 5% and Bloom's soaring 20%. This deal comes amid a broader recovery in software stocks after recent declines.