Hints and tips:
...The Loon closure comes less than a year after X’s windpower venture Makani was shuttered....
...We’re pulling back or even shutting down, as in the case of Loon, where it makes sense.”...
...Alphabet deflates Loon projectLoon was Google X lab’s dream of delivering global internet access with a fleet of balloons floating on the edge of space....
...Like self-driving car company Waymo, Loon is a graduate of Google’s moonshots R&D lab. The unit could do with some good publicity....
...Then there’s the Loon balloon, with the translucency of a jellyfish, launched in July to extend internet access around the world....
...Investors have pushed for years for more information about how much of the huge profits from its search business Google has been ploughing back into its “moonshot” projects, such as driverless cars and Project Loon...
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