Morning intelligence

• German pharma giant Bayer has offered up $62 billion to buy American seed company Monsanto. 

• Microsoft announced new efforts to eliminate “terrorist content” from its online platforms, including Outlook and Xbox Live—but not from its search engine, Bing, which it says must remain “unbiased.”

• Elon Musk’s space company SpaceX has won a U.S. Air Force contract to launch a new GPS satellite in 2018.RP