Google parent company's 'internet balloon' project axed after costs remain too high
Google parent company's 'internet balloon' project axed after costs remain too high John Bowden © Thinkstock Google parent company's 'internet balloon' project axed after costs remain too high Google's parent company Alphabet Inc. is dropping its project to develop high-speed internet delivered via signals transmitted from balloons, citing the project's high cost. The CEO of its subsidiary Loon announced that the spinoff company would be dissolved due to an inability to find ways to reduce the project's considerable costs. The company had planned to develop balloons capable...
Source: msn.com