Alphabet shutting down internet balloon venture Loon

By on
Alphabet shutting down internet balloon venture Loon

Blames the long "road to commercial viability".

Google parent Alphabet is shutting down its internet balloon business Loon, which aimed to provide a less expensive alternative to cell towers, saying on Thursday that "the road to commercial viability has proven much longer and riskier than hoped." Founded in 2011, Loon aimed to ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
alphabet internet loon telco/isp telcoisp

Sponsored Whitepapers

The 5 steps to effective data protection
The 5 steps to effective data protection
Understanding the next security control points: applications and workloads
Understanding the next security control points: applications and workloads
Best security practices after rapid Digital Transformation
Best security practices after rapid Digital Transformation
The CISO View 2021 Survey: Zero Trust and Privileged Access
The CISO View 2021 Survey: Zero Trust and Privileged Access
How and why to backup your Office 365 tenant
How and why to backup your Office 365 tenant

Events

Most Read Articles

Coles Group taps Australia Post as it assembles a new-look tech leadership team

Coles Group taps Australia Post as it assembles a new-look tech leadership team
Intel orders ASML system for well over $470 million

Intel orders ASML system for well over $470 million
South Australian gov issues breach notice to hacked payroll provider

South Australian gov issues breach notice to hacked payroll provider
Kmart Group lands new head of cyber security

Kmart Group lands new head of cyber security

Digital Nation

Catastrophic governance failures are rooted in organisational culture
Catastrophic governance failures are rooted in organisational culture
Case Study: Keeping CPA's board up to date about cybersecurity risks
Case Study: Keeping CPA's board up to date about cybersecurity risks
Highlights 2021: Automation drives marketing success but complexity torments delivery
Highlights 2021: Automation drives marketing success but complexity torments delivery
Fringe innovation unlocks power of diverse thinking
Fringe innovation unlocks power of diverse thinking
Case Study: Intrepid Group uses global travel shutdown to reimagine HR function
Case Study: Intrepid Group uses global travel shutdown to reimagine HR function

Log In

Email:
Password:
  |  Forgot your password?