Google, Heroic Web Balloon Leaps, And The Folly Of The Corporate Tax

“It’s the leap, not the look, that generates crucial information.” – George Gilder

It was recently announced that Google’s

GOOG
parent company Alphabet

GOOGL
intends to wind down its Loon project. The Wall Street Journal’s Matt Grossman and Sarah Needleman described the latter as an endeavor to bring internet connectivity to “billions of people in communities where traditional ground-based infrastructure was too expensive or too difficult to install.”

The…


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