Home >Companies >News >Alphabet shutting internet balloon venture Loon

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."

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our App Now!!

Edit Profile
My ReadsRedeem a Gift CardLogout