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Alphabet is winding down Loon due to cost concerns - Vimarsana News

Alphabet is winding down Loon due to cost concerns

Loon's final flight on January 22, 2021, 12:16 Bottom line: Loon, the Alphabet subsidiary tasked with bringing Internet access to some of the most remote parts of the world, is shutting down. The project was risky from the get go and ultimately, the team wasn't able to figure out how to make it a commercially viable venture. Project Loon, as it was originally called, started as a research and development project under Google X back in 2011. With it, Google and parent company Alphabet used high-altitude balloons to create makeshift wireless networks to blanket remote regi...

Google parent Alphabet shuts project Loon that provided internet connections from giant balloons - Vimarsana News

Google parent Alphabet shuts project Loon that provided internet connections from giant balloons

Google parent Alphabet shuts project Loon that provided internet connections from giant balloons Loon was first unveiled in 2013 and aimed to give internet connections using giant balloons drifting on currents high in the stratosphere. India Today Tech | January 22, 2021 | Updated 18:41 IST (Photo: Alphabet) Highlights Google’s parent company Alphabet has shut down project Loon that gave internet service from high-altitude balloons in under-connected areas. Loon was part of Moonshot until 2018 after which it moved on to become an independent company within Alphabet. According to X lead As...

Google parent Alphabet shutting down its internet balloon business - Vimarsana News

Google parent Alphabet shutting down its internet balloon business

Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or treacherous

Alphabet just shut down internet balloon startup Loon - Vimarsana News

Alphabet just shut down internet balloon startup Loon

"Taking moonshots is always a risky proposition," said X director Astro Teller.

I Would Not Want To Be Running Chrysler Right Now - Vimarsana News

I Would Not Want To Be Running Chrysler Right Now

I Would Not Want To Be Running Chrysler Right Now Jalopnik 1/22/2021 © Photo: Getty Images (Getty Images) VW lost half its profits last year, Nissan is trying to dodge tariffs, and flying cars. All that and more in The Morning Shift for January 22, 2021. 1st Gear: Stellantis CEO Now Faced With 38 Daily Reports Running FCA-PSA Megamerger I don’t know what’s more surprising from this report in Automotive News: that Carlos Tavares will be receiving 38 daily reports while running Stellantis (double what he got running the already chimera-like Peugeot-Citroën mass of PSA), or that FCA’s...

Source: msn.com