Facebook In Talks To Buy Drone Maker Titan: Report

By | March 4, 2014

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Facebook (FB) reportedly is in negotiations to buy solar-powered drone maker Titan Aerospace to provide sky-based Internet services in Africa and other underserved markets. Titan’s price tag could be around $60 million, sources told TechCrunch late Monday. Titan’s solar-powered unmanned vehicles can stay in the sky for as long as five years. Facebook has been active in the Internet.org initiative to provide affordable Internet access to the Scalper1 News

Scalper1 News