{"id":29688,"date":"2011-07-21T14:29:43","date_gmt":"2011-07-21T12:29:43","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=29688"},"modified":"2011-07-21T14:34:40","modified_gmt":"2011-07-21T12:34:40","slug":"google-labs-shuts-down","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/internet\/29688-google-labs-shuts-down.html","title":{"rendered":"Google labs shuts down"},"content":{"rendered":"<p>Google has announced through a <a href=\"http:\/\/googleblog.blogspot.com\/2011\/07\/more-wood-behind-fewer-arrows.html\" target=\"_blank\">blog post<\/a> written by Bill Coughran, Google&#8217;s senior vice president for Research and Systems Infrastructure, that it will shut down Google labs.<\/p>\n<p>According to Coughran, &#8220;the company has learned a lot by launching very early prototypes in the Labs. The company&#8217;s greater focus is crucial if we&#8217;re to make the most of the extraordinary opportunities ahead.&#8221;<\/p>\n<p>While some Google lab projects will end with immediate affect, others will be adopted by other areas of focus within Google&#8217;s product portfolio. Support for existing android apps developed by Google labs will also continue into the foreseeable future.<\/p>\n<p>After the release of the company&#8217;s earnings last week, Google CEO Larry Page moved to reassure investors that the company is focussing on products that will yield the largest returns on investments.<\/p>\n<p>Page said, &#8220;Overall, we are focused on long-term, absolute profit and growth, as we have always been. It&#8217;s easy to focus on things that we do that are speculative, e.g., driverless cars. But we spend the vast majority of our resources on the core products.&#8221;<\/p>\n<p>Other services to meet the axe recently have included Google Health and Google PowerMeter, as they had struggled to take off.<\/p>\n<p>&#8220;We may have a few small speculative projects happening at any given time, but we are very careful stewards of shareholder money. We are not betting the farm on this stuff,&#8221; Page concluded.<\/p>\n<p>Read the full story over at: <a href=\"http:\/\/news.cnet.com\/8301-30686_3-20081185-266\/google-shuts-down-google-labs\/\" target=\"_blank\">Cnet<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google has pulled the plug on Google Labs as the company focuses more on it&#8217;s core products.<\/p>\n","protected":false},"author":56,"featured_media":29742,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,18],"tags":[397,2804,167,2800,2802],"class_list":["post-29688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-internet","tag-android","tag-bill-coughran","tag-google","tag-google-labs","tag-larry-page"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/29688"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=29688"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/29688\/revisions"}],"predecessor-version":[{"id":29744,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/29688\/revisions\/29744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/29742"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=29688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=29688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=29688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}