06-09-2015, 09:35 PM
http://qz.com/422775/facebook-and-google...pace-race/
"Who wasn’t excited to see Facebook and Google battle for dominance of low-earth orbit?
Alas, it wasn’t meant to be: both companies are shelving their ambitious plans for satellite internet. The tech-news site The Information reports that Facebook is dropping its plans for a geo-stationary satellite over concerns that it will not recoup costs. Google, which hired satellite entrepreneur Greg Wyler to prepare an satellite constellation in 2014, backed out of that plan earlier this year."
Hot air balloons fueled by marketing conventions are still an option, however....
"Who wasn’t excited to see Facebook and Google battle for dominance of low-earth orbit?
Alas, it wasn’t meant to be: both companies are shelving their ambitious plans for satellite internet. The tech-news site The Information reports that Facebook is dropping its plans for a geo-stationary satellite over concerns that it will not recoup costs. Google, which hired satellite entrepreneur Greg Wyler to prepare an satellite constellation in 2014, backed out of that plan earlier this year."
Hot air balloons fueled by marketing conventions are still an option, however....