Por: CNBC Tech January 22, 2021
Source: LoonGoogle parent-company is saying goodbye to another one of its long-term experimental bets — this time, its Loon, the gigantic balloons the company had hoped to beam internet to rural areas of the world.While weve found a number of willing partners along the way, we havent found a way to get the costs low enough to build a long-term, sustainable business, said Loon CEO Alastair Westgarth said in a Thursday. Developing radical new... + full article
The Hill USA Tech January 22, 2021
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... + más
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MarketWatch USA Business January 22, 2021
Loon was part of Alphabet’s “X” business unit, which experiments with moonshot projects. Two other X units — , which used kites to generate wind energy, and , a project to create clean fuel from ocean water — have also been abandoned in recent years. Westgarth said the... + más
Alphabet Is Shutting Down Loon, Its Project To Bring People Internet Via Balloons | Forbes
Google’s Hot-Air Balloon Project, Providing Cell Service, Is Closing Down | The New York Times
Forbes USA Business January 22, 2021
Topline After eight years, Google’s parent couldn’t see a way to turn a profit off its effort to bring the internet to remote places via high-altitude balloons. A balloon of Google's Project Loon to supply remote areas with Internet connections is seen at the ... [+]... + más
Alphabet is shutting down Loon, its internet balloon company | The Verge
Loon, Alphabet's futuristic internet balloon venture, is shutting down | CNN
The New York Times USA Tech January 22, 2021
OAKLAND, Calif. — Google’s parent company Alphabet is shutting down Loon, a high-profile subsidiary spun out from its research labs that used hot-air balloons to deliver cellular connectivity from the stratosphere.Nearly a decade after it began the project, Alphabet said on... + más
The Verge USA Tech January 22, 2021
Alphabet is shutting down Loon, its division that provides internet from floating balloons, according to a post on the . “The road to commercial viability has proven much longer and riskier than hoped,” Astro Teller, who leads X, wrote in the blog. “In the coming months,... + más
Alphabet cancels Loon, project to beam internet to earth from balloons | CNBC
Fox Business USA Business January 08, 2021
Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. Everyone needs a change from .Continue Reading BelowFor many , there’s nothing more refreshing than a nice cold beer. One liquor maker, however, is hoping to break people out of the... + más
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Fox Business USA Business December 07, 2020
Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. If you have to to drink safely, then drink a bubble.Continue Reading BelowThe upcoming may not look like it has in years past. Due to the ongoing coronavirus pandemic, health officials... + más
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