We are all familiar with the most populous social website
Facebook , this was actually an idiom for an encyclopedia which was given to some students in an
American university. The founder of
Facebook is Mark Zuckerberg with some guys named Eduardo Saverin, Andrew
McCollum, Dustin Moskovitz and Chris Hughes.
Facebook is rated 5th
best in its market capitalization, revenue and the rate of its growth.
Zuckerberg wants to surprise the world by taking this bold step of dominating
the internet world.
In 2014, facebook has reached 104 billion dollars and its
market dominance has reached 134 billion dollars, with this, facebook is about
to make the world biggest purchase in its time.
According to the news given by TechCrunch and CNBC, facebook
in agreement with the authorities is set to buy the drone manufacturer Titan
Aerospace for $60 million to completely spread internet services all over the
world.
They will produce solar-powered drones that will fly
continuously for five years without having to land on the earth’s surface any
time soon. This project will start from Africa for access to a decent internet
connection.
It is said the company will build about eleven thousands of these
Unmanned Aerial Vehicles (UAVs), specifically the “Solara 60″ model which will
serve as an orbital satellite system that are much cheaper in data consumption
and subscription fees and are more modified than the other ones.
What Do We Expect Out of This Acquisitions?
Mark Zuckerberg has promised to make internet services
available to the rest the world, he claimed that only about 2.7 billion people
worldwide has access to internet connectivity. The main aim of this project is
to make internet connectivity available to the vast majority of the people
worldwide.
If facebook can experiment with the Titan Aerospace, then
they will be in full control in the world of social media and services which
will in turn be a lifetime asset spinning money 24/7 for Mark. Facebook is
actually looking forward to make internet connection available to everybody in
every nuke and cranny at an affordable prize.
I’m happy to see facebook growing at such a pace
Share your views,
Wishes
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