"Rather Be" - Clean Bandit (Kyler)
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Facebook is reportedly in talks with drone maker Titan Aerospace, with those familiar with the situation suggesting the social networking giant could be preparing to offer up to $60 million for the company.
You might be wondering why on earth Facebook would have any interest in a drone manufacturer; after all, its not in the business of delivering pizza or beer or any other goodies for that matter to its many users.
Affordable Internet accessThe fact is, Titan Aerospace can help Mark Zuckerberg with his dream of bringing affordable Internet access to everyone on the planet, with the near-orbital, solar-powered pilotless flying machines helping to provide that access. The New Mexico-based company already has experience of such work with the Internet Africa Project, which is helping to provide Internet access to previously isolated populations across the continent.
Its solar-powered drones, which are capable of staying airborne for as long as five years at a time, could be used to blanket parts of the world without Internet access, beginning with Africa, TechCrunch reported Monday night.
According to an unnamed source, Titan Aerospace would start off by building 11,000 Solara 60 drones to help with Facebooks plan.
The so-called atmospheric satellites, which would fly at a height of around 12.5 miles (20 km), are capable of carrying out many of the functions of higher-placed orbital satellites but are cheaper and more versatile, according to TechCrunch.
The Facebook boss talked about his plan to bring Internet access to all during a speech delivered at MWC in Barcelona last week.
Most of the world dont have any Internet access at all, Zuckerberg said, explaining that to bring global connectivity would require dramatic changes in the tech industry.
As a major backer of the Internet.org initiative, Facebook has already teamed up with a number of big firms Ericsson, MediaTek, Nokia, Opera, Qualcomm and Samsung among them as part of a long-term effort to reduce the cost of Internet access around the world. Its acquisition of Titan Aerospace would obviously fit with this initiative.
Revenue boostMark Little, principal analyst at tech consultancy firm Ovum, told the BBC recently that putting money into emerging markets would go toward helping to boost advertising income for the social networking company in the future.
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Facebook: Next stop, drones
Published: Monday, 3 Mar 2014 | 2:43 PM ET
Source: Meetup.com
Social networking website Meetup.com is fighting a sustained battle against cyber attackers who are demanding only $300 to call off a campaign that has kept the site offline for much of the past four days.
The site, which enables strangers to meet for activities of shared interest such as sports and other hobbies, could not be accessed early Monday afternoon.
A Meetup blog said that the company was a victim of a distributed denial of service (DDOS) campaign, a type of attack that knocks websites offline by overwhelming them with incoming traffic. It said that no personal data, including credit card information, had been accessed.
(Read more: Record-breaking DDoS attack strikes CloudFlare's network)
Meetup's co-founder and CEO, Scott Heiferman, said on the company's blog that it was the first such attack in the site's 12-year history. He defended themove not to pay the paltry ransom.
"We made a decision not to negotiate with criminals,'' he said. "Payment could make us (and all well-meaning organizations like us) a target for further extortion demands as word spread in the criminal world.''
Matthew Prince, CloudFlare co-founder & CEO, discusses cloud security and explains what companies can do to protect themselves and consumers from cyberattacks. Prince says there has been a 500 percent increase in the number of cybercrimes over the past year.
He said the small amount was likely a trick and that the perpetrators of the sophisticated attacks would likely demand more, a point internet security analyst Kevin Johnson agreed with.
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Website refused to pay, gets attacked
Social-networking giant looking at the company's solar-powered high-altitude drones to deliver Internet access, according to TechCrunch.
The Solara 50, one of the solar-powered drones unveiled last August by Titan Aerospace.
Facebook is in talks to acquire Titan Aerospace, the maker of a solar-powered high-altitude drone that can stay aloft for five years, according to a TechCrunch report.
The acquisition would reportedly further the efforts of Internet.org, a coalition of mobile technology companies spearheaded by Facebook that is working to bring Internet access to the 5 billion or so people around the world without it. The acquisition is valued at $60 million, a source "with access to information about the deal" told TechCrunch.
CNET has contacted Facebook and Titan Aerospace for comment and will update this report when we learn more.
Facebook is interested in dispatching some 11,000 unmanned aerial vehicles over parts of the globe that lack Internet access, beginning in Africa, according to the report. The company is said to be especially interested in the Solara 60, a featherweight aircraft built of composite materials that the New Mexico-based company claims can maintain an altitude of 65,000 feet for years without refueling, thanks to thousands of solar cells blanketing the aircraft.
The plane, which was unveiled at the Association for Unmanned Vehicle Systems International conference last August, can carry up to 250 pounds of gear, such as wireless communications equipment that could help fulfill the goal of Internet.org -- providing a set of basic services such as messaging, weather, food prices, Wikipedia, and Facebook, of course, to anyone regardless of whether they pay for a data connection.
While the use of drones has captured the imagination of many in the tech community for merchandise delivery, the unmanned aircraft could deliver Internet access to a wide swath of people lacking reliable service without the expense of building localized infrastructure. Other companies have floated the idea of taking to the skies to provide Internet access to developing regions, perhaps most notably Google, which plans to use souped-up weather balloons to provide Wi-Fi to remote parts of the world.
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Facebook reportedly in talks for drone maker Titan Aerospace
Avoiding the Top 5 Social networking site Advertising and marketing Mistakes
http://www.influenceEngineMarketer.com The Influence Engine Marketer team, is devoted to assisting companies secondhand effective new online and mobile adver...
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