Facebook reported to be acquiring drone maker Titan Aerospace

"Facebook, one of the primary backers of the Internet.org initiative, which aims to bring affordable Internet access to the 5 billion people in the world who still lack connectivity, is in talks with a company that could help further that agenda." TechCrunch repots Facebook will buy Titan Aerospace, makers of near-orbital, solar-powered drones that can fly up to five years without having to land. "According to a source with access to information about the deal, the price for this acquisition is $60 million."