Facebook is reportedly in talks to acquire Titan Aerospace, makers of near-orbital, solar-powered drones that can fly for five years without needing to land. According to TechCrunch sources, Facebook is interested in using these high-flying drones to blanket parts of the world without Internet access as part of its internet.org initiative. Our poll today asks if you like the idea of Facebook, a company that already has a lot of information about you, owning a drone company? Cast your vote and post your comments below.
Also in the corresponding video, Yahoo Finance Editor-in-chief Aaron Task talks with Lauren Lyster about the world’s most expensive cities. The Economist Intelligence Unit released its Worldwide Cost of Living survey. Singapore, Paris and Oslo, Norway top the list. No U.S. cities make the top ten.
And China’s prominence on Forbes magazine's annual rich list is one of the strongest trends this year according to the editor. China registered a record 152 billionaires in the 2014 list, up near 25% from last.