Page 20 - Astro Teller News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Google internet balloon project has been killed, along with Vodacom deal in Mozambique  Jan 22, 2021, 06:01 PM facebook email A balloon from Google's "Project Loon" - to supply remote areas with Internet connections. Photo: Getty Images Google parent company Alphabet has shut down  Loon, which produces solar-powered balloons that bring internet to remote areas.  Last year, Vodacom struck a deal with Loon to expand internet access in Mozambique. Project Loon started as one of Alphabet's moonshot projects. For more stories, go to www.BusinessInsider.co.za. Alphabe...

What you need to know Alphabet has announced that it is shutting down Loon, a project it started nine years back to beam high-speed internet to remote areas using floating balloons. Loon will be helping its employees find other roles within various Alphabet companies over the coming months. It has also pledged a $10 million fund to boost connectivity in Kenya. Google parent Alphabet has decided to shut down Loon, which started as an experimental project in 2013 with an aim to beam down high-speed internet access from floating balloons (via TechCrunch). In 2018, Loon became an independent co...

Google parent Alphabet Inc is shutting down its internet balloon business, Loon, which aimed to provide a less expensive alternative to cell towers, saying that "the road to commercial viability has proven much longer and riskier than hoped."

Google parent company Alphabet is shutting down Loon, one of its “moonshots,” which aimed to deliver internet service via high-altitude balloons. In a new blog post, Loon CEO Alastair Westgart confirmed that it’s winding down its nine-year-old Loon project and a two-and-a-half-year-old spinoff company because it can’t find a sustainable business model or willing partners. Loon was originally spun out of Alphabet’s “X” business unit, which is distinct from Google and home to most of its experimental projects. Watch the Latest Apple Technology News Below “While we’ve found a n...

Google shutting down its internet balloon project Loon The company is calling time on the project as its path to commercial viability was ‘much longer and riskier than hoped’. Google is pulling its internet balloons from the sky, shutting down Loon as it was unable to make a business case for the project. Loon built high-altitude balloons that could carry equipment for beaming cellular connectivity into remote areas that would be otherwise cut off from internet services. It was one of Google’s ‘moonshots’, part of the research division X that has invested in ambitious but costly pro...