Alphabet cutting back on Google fiber

[pc747]

Being ambitious is great but it has to make you money. If it doesn't then there will be no more money to be ambitious with.

Looks like Alphabet has understood this and is looking to clean up the books.


Source: Alphabet is putting serious pressure on Google Fiber to cut costs

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[BigOrangeDroid]

Yeah, I was surprised to see that. Like you said, looks like they are telling their project leaders they've gotta make money or they're out, can't count on other divisions to cover your costs with their own cash.

Personally I think they should give it some more time. Everyone I know who comments on it say they'd love to have it. I know I would.

 

[pc747]

Yeah, but kind of hard to go in and pay all the start up fees for new tech while undercutting the competition. Of course att and the others are going to sit back and let Google wear itself out and then come in and finish the job at a cheaper deal while gouging customers.

It's a challenge to push future tech here in America because everyone wants to be paid high wages (including me) but no one wants to pay high prices. Something is going to have to give eventually.

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[LoneWolfArcher]

Alphabet is still the dumbest name for a conglomerate. Ever.

 

[pc747]

A new development, looks like Google (cough Alphabet) will be handing out pink slips as Fiber has not got the traction they wanted. It's hard playing with the big boys in the industry and having to grease the palms of politicians. It is costly, and for Alphabet it is plain not worth the hassle anymore.

Looks like this may be good bye to Google Fiber, many of us never knew ye.

Even more sad for the workers who are about to be shown the door right before the holiday season.


Google Fiber will lay off employees as it shifts to wireless

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[Hugh Jass]

Installing fiber optic is a real pain in the ass, this is well documented. For the cost to give 50% of the US fiber it could reinvent wireless systems entirely with technology not even conceived yet that will have little if any installation costs at all.

 

[cerisecons]

This is too bad, I have heard very good things about it, and was coming to SDiego soon.

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