Alphabet shuts Loon project

[BusinessTech]

Alphabet shuts Loon project

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.

 

[Jet-Fighter7700]

see the loon balloons on flightradar all the time,
and how hard is it to build a landing page and charge people access to the internet.

or like many ideas Google has, not everybody is thrilled for uncapped, unshaped, unrestricted internet flying over their territory for anybody to connect to.
and it got shut down for that reason?

 

[Vorastra]

Alphabet shuts Loon project

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.

Google pulls a Google-move and shuts down a project that everyone hyped for no reason.
No ways. I'm shocked.

 

[Gordon_R]

Lots of ideas are floated (pun intended), but few of them are economically viable. Still its nice to explore the bounds of the possible.