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Facebook to Buy Drone Company Titan Aerospace for Global Internet Access
Facebook has decided to buy drone maker Titan Aerospace for about $60 million in its goal of bring Internet access to the 5 billion or more people who do not have it. Titan Aerospace builds solar-powered high-altitude drones that can stay airborne for up to five years without having to land.
Latest News
Was Bitcoin's Creator Finally Found in California? Real Satoshi Nakamoto Discovered
Newsweek claims that it has tracked Bitcoin founder Satoshi Nakamoto, who has refused to reveal his identity ever since the creation of the digital currency in 2009.
Flipboard to Buy Rival News App, Zite, from CNN
Flipboard announced today that it plans on buying the rival news app, Zite, from CNN. The purchase could mean a content partnership with the news network.
Staples is Expected to Close 225 Stores Amid Fourth Quarter Results
Staples is closing 225 stores. Staples is shutting 225 stores next year as a result of low earning numbers in the fourth fiscal quarter, and a decrease in income Forbes reported Thursday.
NASA Discovers 715 New Planets in Our Galaxy with Kepler Telescope
NASA announced on Feb.25 the discovery of 715 planets, including four planets more than twice the size of Earth, with the help of NASA’s Kepler telescope. The discovery increases the amount of known planets in our galaxy to 1,700.
DC Votes to Decriminalize Small Amounts of Marijuana for Personal Use
The District of Columbia City Council voted on Tuesday in favor of decriminalizing possession of small amounts of marijuana for personal use. Mayor Vincent Gray is expected to sign the bill into law.
Bluetooth Ring Controls Tech: Logbar Reveals Smart Jewelry for Accessing Apps
Logbar Inc. announced it will begin production of the new Bluetooth device called Ring. Ring features Bluetooth Low Energy (BLE) connectivity and allows the wearer to control mobile devices and home appliances.
Chrysler Decides to Keep Car Plants without Government Aid
Chrysler Group LLC announced on Tuesday it will continue the development of two assembly plants in Ontario after withdrawing its request for government aid. Chrysler currently builds minivans at its plant in Windsor, and big vehicles in its Brampton plant.
Los Angeles Supports Ban on E-Cigarettes in Night Clubs, Restaurants and Bars
The Los Angeles City Council approved of a new ban on electronic cigarettes, commonly referred to as “vaping” on Tuesday. The ban would prevent the use of e-cigarettes in night clubs, restaurants, bars and other public places in the city.
Apple Goes on Hiring Spree in Asia to Speed Up Production
Apple Inc. is hiring new engineers and supply-chain managers in China and Taiwan in order to speed up the release of new products.