Google buys start-up drone-maker that Facebook once wanted
Google, not Facebook, is reportedly buying start-up drone-maker Titan Aerospace for an undisclosed amount. The Wall Street Journal says that the search giant will use the New Mexico-based company's technology to expand global internet access, while deploying the machines to improve its aerial picture-taking.
Facebook was reportedly in acquisition talks with Titan, but the social network instead purchased a British company that makes solar-powered drones, part of Facebook's ambitious "internet everywhere" plan. Google said Titan will work on a similar program called Project Loon, which aims to beam the internet to sparsely populated regions of the world.
Read more at the Wall Street Journal.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jordan Valinsky is the lead writer for Speed Reads. Before joining The Week, he wrote for New York Observer's tech blog, Betabeat, and tracked the intersection between popular culture and the internet for The Daily Dot. He graduated with a degree in online journalism from Ohio University.
-
5 hilariously incriminating cartoons about the Epstein filesCartoons Artists take on an Epstein Thanksgiving, solving the puzzle, and more
-
Political cartoons for November 15Cartoons Saturday's political cartoons include cowardly congressmen, a Macy's parade monster, and more
-
Massacre in the favela: Rio’s police take on the gangsIn the Spotlight The ‘defence operation’ killed 132 suspected gang members, but could spark ‘more hatred and revenge’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network