Alphabet’s Project Loon goes down like a lead balloon
As the old adage says, "what goes up must come down," and that's literally what's happening to Project Loon. Alphabet's X subsidiary (formerly Google X) was responsible for the idea of beaming internet to rural areas with the help of balloons, but CEO Astro Teller has announced that Loon will be winding down operations in the coming months.
It looks like the project ended up being too expensive to make it worthwhile.
Read MoreAlphabet’s Project Loon goes down like a lead balloon was written by the awesome team at Android Police.
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Prasham Parikh Downfall caused by failure to achieve commercial viability
As the old adage says, "what goes up must come down," and that's literally what's happening to Project Loon. Alphabet's X subsidiary (formerly Google X) was responsible for the idea of beaming internet to rural areas with the help of balloons, but CEO Astro Teller has announced that Loon will be winding down operations in the coming months.
It looks like the project ended up being too expensive to make it worthwhile.
Read MoreAlphabet’s Project Loon goes down like a lead balloon was written by the awesome team at Android Police.
https://ift.tt/3qJsfE4 January 22, 2021 at 01:48PM
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