Home TechnologyTech News Alphabet is shutting down Loon, its internet balloon company

Alphabet is shutting down Loon, its internet balloon company

Alphabet is shutting down Loon, its internet balloon company

Alphabet is shutting down Loon, its division that provides internet from floating balloons, according to a post on the blog of Alphabet’s X moonshot division.

“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, we’ll begin winding down operations and it will no longer be an Other Bet within Alphabet.”

Developing…

This article is auto-generated by Algorithm Source: www.theverge.com

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