April 15, 2014

Titan Aerospace drone Solara 50 (Photo courtesy Titan Aerospace. All rights reserved)

Google announced the acquisition of Titan Aerospace, a company based in New Mexico that produces drones. There are no information about the price paid by Google but a few weeks ago there were rumors that Facebook had offered $60 million for the company. It’s possible that Google has offered more but Facebook ended up buying another company in that sector, Ascenta, for $20 million so it’s difficult to say how much it actually cost to buy Titan Aerospace.

Chris Beard (Photo Courtesy Greylock Partners. All rights reserved)

Mozilla Foundation announced that it has appointed Chris Beard as its interim Chief Executive Officer, waiting to find a person who can take the position permanently after Brendan Eich’s resignation. Beard also joins the Foundation’s board of directors.