Alphabet shuts down Loon internet balloon company

Google’s parent firm, Alphabet, is done exploring the idea of using a fleet of balloons to beam high-speed internet in remote parts of the world. The firm said on Thursday evening that it was winding down Loon, a nine-year-old project and a two-and-a-half-year-old spin-off firm, after failing to find a sustainable business model and partners … Continue reading Alphabet shuts down Loon internet balloon company