|
Alphabet pulls the plug on its internet balloon company, Apple is reportedly developing a new MacBook Air and Google threatens to pull out of Australia. This is your Daily Crunch for January 22, 2021.
|
|
|
|
Alphabet announced that it’s shutting down Loon, the project that used balloons to bring high-speed internet to more remote parts of the world.
Loon started out under Alphabet’s experimental projects group X, before spinning out as a separate company in 2018. Despite some successful deployments, it seems that Loon was never able to find a sustainable business model.
“While we’ve found a number of willing partners along the way, we haven’t found a way to get the costs low enough to build a long-term, sustainable business,” Loon CEO Alastair Westgarth wrote in a blog post. “Developing radical new technology is inherently risky, but that doesn’t make breaking this news any easier.”
Read more
|
|
Image Credits: Loon
|
|
|
|
|
Image Credits: Malte Mueller / Getty Images
|
|
|
|
Image Credits: Lukatme / Shutterstock
|
|
|
|
Image Credits: Natalia Timchenko / Getty Images
|
|
|
|
Image Credits: terekhov igor / Shutterstock
|
|
|
|
Newest Jobs from Crunchboard
|
-
Manager, Application Development and Integration at The Pew Charitable Trusts (Washington, D.C., USA)
-
Full Stack Developer / CTO Co-Founder at Launch Factory (San Diego, CA, USA)
-
Director of Information Technology at U. S. Bankruptcy Court Western District of Louisiana (Shreveport, LA, USA)
-
Director of Marketing at Biotricity (Redwood City, CA, USA)
-
Office of Product Management - Bioflux at Biotricity (Redwood City, CA, USA)
See more jobs on CrunchBoard
Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.
|
|
|
|
|
|