This article was originally published by Seeking Alpha on June 18, 2014
By Sarfaraz A. Khan. Research Asst. Ali Ilahi
Summary: Google is reportedly mulling over buying a minority stake in Virgin Galactic.The acquisition will be a part of Google’s larger move in the aerospace industry.Google Maps can become much bigger than anyone has imagined, impacting the decision making of individuals and businesses.
Last year, Google (GOOG) (GOOGL) launched "Project Loon" through which the company used air balloons to provide internet access to billions living in remote or rural areas. One of its balloons, the Ibis-167, has been around the world in just 22 days. Google is now working on other balloons that can float for more than 100 days.
By Sarfaraz A. Khan. Research Asst. Ali Ilahi
Summary: Google is reportedly mulling over buying a minority stake in Virgin Galactic.The acquisition will be a part of Google’s larger move in the aerospace industry.Google Maps can become much bigger than anyone has imagined, impacting the decision making of individuals and businesses.
Last year, Google (GOOG) (GOOGL) launched "Project Loon" through which the company used air balloons to provide internet access to billions living in remote or rural areas. One of its balloons, the Ibis-167, has been around the world in just 22 days. Google is now working on other balloons that can float for more than 100 days.