As they mature, finding new growth drivers will become a hot-button issue for Internet powerhouses Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Facebook (NASDAQ: FB). So it should be no surprise that ...

Alphabet (GOOG, GOOGL) is pulling the pin on Project Loon, a decade old venture that planned to beam internet to Earth via giant balloons. While it struggled to get off the ground, the experimental ...

Bottom line: Loon, the Alphabet subsidiary tasked with bringing Internet access to some of the most remote parts of the world, is shutting down. The project was risky from the get go and ultimately, ...

Google parent Alphabet has announced that it is letting the air out of its internet-beaming balloon project — the latest of the tech giant’s “moonshot” programs to get scrapped. Loon, which used ...

Google parent company Alphabet is shutting down Loon, an ambitious service aimed at delivering internet access to remote areas using balloons. In a blog post published Thursday, Astro Teller, the ...

Alphabet’s balloon-based Internet connectivity initiative, called Project Loon, is coming to the rescue in hurricane-ravaged Puerto Rico. Project Loon, which was originally conceived as a way to ...

Alphabet, Google’s parent company, today announced that its X lab for “moonshots” has devised a new method of providing internet connectivity to certain places that will require fewer balloons and so ...

Google’s parent company Alphabet is shutting down a high-profile “moonshot” project called Loon, a design to use helium balloons to deliver cellular connectivity from Earth’s stratosphere, after ...