Alphabet shutting internet balloon venture Loon

OAKLAND, Calif.

ReutersJan 22, 2021 07:16:01 IST

OAKLAND, Calif. (Reuters) - Google parent Alphabet Inc announced on Thursday it is shutting down its internet balloon business Loon, saying "the road to commercial viability has proven much longer and riskier than hoped."

(Reporting by Paresh Dave; Editing by Chris Reese)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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Alphabet shutting internet balloon venture Loon

OAKLAND, Calif.

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