Google Services revenues for the quarter, up 10% from the previous year, thanks in large part to strong growth in Google ...
(Bloomberg) -- Google parent Alphabet Inc. shut down Loon, an audacious project to beam internet service from high-altitude balloons, after the unit failed to develop a viable business model.
And Alphabet is now a massive corporation that encompasses everything from internet-beaming hot air balloons to self-driving cars to Google Cloud. As the company continues to grow, its divisions ...
Test trials began in New Zealand in 2013; however, in 2021, Alphabet announced that the project was no longer sustainable. Using helium balloons traveling in wind currents several miles above ...