Facebook Reportedly Buys Drone Manufacturer
Facebook wants to use the drones “to blanket parts of the world without Internet access, beginning with Africa.”
Via slashdot:
If you thought that Facebook dropping $19 billion (and change) to buy WhatsApp would have put the social network out of the deal-making space for the next several quarters—after all, even Mark Zuckerberg only has so many billions to spend—you assumed wrong: according to TechCrunch, Facebook plans on purchasing Titan Aerospace for roughly $60 million. (Mere pocket change, indeed.)
TechCrunch cited an unnamed source “with access to information about the deal,” and suggested that Facebook wants to use the drones “to blanket parts of the world without Internet access, beginning with Africa.”
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