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They somehow managed to spend a bunch of pages and a lot of words, and still did not say what exactly are they announcing and what will the outcome be. Are the
by PeterisP 7y ago
They somehow managed to spend a bunch of pages and a lot of words, and still did not say what exactly are they announcing and what will the outcome be.
Are they shutting down? Are they getting acquired by Shell? Something else?
- blackearl 7y agoNo longer part of Alphabet >Shell is exploring options to continue developing Makani’s technology. Vague enough to be shopping around perhaps
- 1024core 7y agoFTA: so from today Makani’s time at Alphabet is coming to an end. This doesn’t mean the end of the road for the technology Makani developed, but it does mean that Makani will no longer be an Alphabet company. Shell is exploring options to continue developing Makani’s technology.
- asdfasgasdgasdg 7y agoMy read is that Alphabet is selling the assets to Shell, and Shell is thinking about what to do with them.
- jacquesm 7y agoIt would be interesting to know how much it sold for. I'm guessing not a whole lot, is there a public filing where Google / Alphabet will have to disclose this?
- asdfasgasdgasdg 7y agoGoogle would only have to disclose it if the loss is material, IIUC. I doubt it is on Google's scale.
- sandoooo 7y agoIt's an update on their incredible journey.
- Nition 7y agoAdvancing their amazing bet, maybe?