Titan is a New Mexico-based company that makes high-flying solar powered drones, and it's one of Google's latest "moonshot" acquisitions. 

Google's core business is search and advertising. So why is it doing buying a bunch of drones and robots? It sounds like something out of a sci fi novel.

 

But in fact, they're both long-term, strategic bets.

The third phase of the Internet.

Google is basically in its third phase. It's already mastered search and advertising, which were core desktop activities in the mid-2000s. Mobile came next, with its Android platform.