Facebook may buy solar drone company

NEW YORK — Facebook is in talks to buy Titan Aerospace to step up its efforts to provide Internet access to remote parts of the world, according to reports in the technology blog Techcrunch and financial news outlet CNBC.

Both websites cited anonymous sources who were familiar with the deal and put a purchase price at $60 million.

Facebook spokesman Tucker Bounds said Tuesday that the company does not comment on rumors and speculation. Titan Aerospace representatives did not respond to requests for comment.

If Facebook does buy Titan Aerospace, the purchase could fit with the goals of CEO Mark Zuckerberg’s Internet.org project. The Facebook-led partnership aims to connect the more than 5 billion of the world’s 7 billion people who are not already online.

Google has a similar project called Project Loon.

More in Herald Business Journal

Snohomish County’s campaign to land the 797 takes off

Executive Dave Somers announced the formation of a task force to urge Boeing to build the plane here.

For modern women, 98-year-old rejection letters still sting

In a stark new video, female Boeing engineers break the silence about past inopportunity.

Drone’s ease piercing of NY ‘no-fly’ zone underscores risks

An Army Black Hawk helicopter suffered damage to one of its rotor blades, but was able to land safely.

Disney buying large part of 21st Century Fox in $52.4B deal

Before the buyout, 21st Century Fox will spin off the Fox network, stations and cable channels.

Commentary: GM, Boeing fight a war of words over Mars

Boeing is strongly signaling how crucial deep-space exploration is to its future.

Angel of the Winds pays $3.4M for Everett arena naming rights

The casino replaces Xfinity as the lead sponsor for the publicly owned downtown Everett events center.

Delta orders 100 Airbus A321neo jets valued at $12.7 billion

Boeing had hoped to land the deal, offering comparable 737s.

FCC votes along party lines to end ‘net neutrality’

Republican-controlled FCC junks the principle that said all web traffic must be treated equally.

Rubio to vote against tax bill if child credit isn’t expanded

Sen. Bob Corker announced that he would vote against it due to concerns on the federal deficit.

Most Read