The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet Inc., which draws upon Google’s digital advertising empire finance risky ideas like internet-beaming balloons and another high-profile flop, internet-connected glasses. Source link
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SAN RAMON, Calif. – Google’s parent company is letting the air out of an internet-beaming balloon company that was providing online access from the stratosphere. The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet Inc., which draws upon Google’s digital advertising empire finance risky ideas like… Source link
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SAN RAMON, Calif. (AP) — Google’s parent company is letting the air out of an internet-beaming balloon company that was providing online access from the stratosphere. The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet… Source link
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SAN RAMON, Calif. – Google’s parent company is letting the air out of an internet-beaming balloon company that was providing online access from the stratosphere. The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet Inc., which draws upon Google’s digital advertising empire finance risky ideas like… Source link
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OAKLAND, Calif. — Google’s parent company Alphabet is shutting down Loon, a high-profile subsidiary spun out from its research labs that used high-altitude helium balloons to deliver cellular connectivity from the stratosphere. Nearly a decade after it began the project, Alphabet said on Thursday that it pulled the plug on Loon because it did not see a way to reduce costs to create a sustainable business. Along with the self-driving car unit Waymo, Loon was one of the most hyped… Source link
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