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Google parent companys internet balloon project axed after costs remain too high

Por: The Hill Tech January 22, 2021

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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 of delivering stable high-speed internet... + full article



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