The fledgling internet balloon industry just marked an important achievement. Alphabet's Loon has recorded over 1 million hours of stratospheric flight for its balloons, covering about 24.9 ...

Alphabet is letting the air out of its balloons for good. Google’s parent company said Thursday it’s shutting down its Loon business that used helium balloons to offer internet connectivity.

X, the moonshot tech division of Google's parent company Alphabet, says it's getting closer to its dream of delivering the internet to rural areas from high-altitude balloons. X announced Thursday ...

Astro Teller, who heads X and was also the chair of the Loon board, recommended that Alphabet no longer fund it, effectively letting the air out of the division’s balloon. “No one wanted to ...

His "vision" for the internet balloon project matches the strategy of Alphabet's X division, "approaching huge programs, at scale, to improve the lives of millions or billions of people," the ...