Google LLC’s parent company Alphabet Inc. said today that it’s giving up on the idea of using high-altitude hot air balloons to deliver internet connectivity to the world’s remotest regions. Alphabet ...

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After eight years, Google’s parent couldn’t see a way to turn a profit off its effort to bring the internet to remote places via high-altitude balloons. A balloon of Google's "Project Loon" to supply ...

When Google announced “Project Loon” in 2013, a running joke behind the project was that no one thought a network of flying Internet balloons was a feasible idea. Eight years later, Google has decided ...