News Analysis

Google admits most ‘moonshots’ lose money

Alphabet declined to reveal exactly how much money it invested in each of its 'moonshots,' but it did say the largest amount of capital expenditure went to Google Fiber in 2015 and that the costs associated with the initiative will likely increase as it expands the broadband service to more U.S. cities.
google logo pens
REUTERS/Peter Power
  • Consumer Electronics
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Matt Kapko has been writing about technology since before the dawn of the iPhone, and covering media well before it was social. Matt lives with his wife in a nearly century-old craftsman in Long Beach, Calif. He can be reached on Twitter: @mattkapko or by email: