Financial tightening pauses Alphabet’s Project Wing as Starbucks partnership canceled

  |   Tech News

Following Google Fiber halting future deployment, another Alphabet project is being paused as part of continued financial tightening at the Mountain View company.

Bloomberg reports that the Project Wing drone unit is slowing down, reducing employees, and cancelling a previously unknown delivery partnership with Starbucks.

Overall, the financial tightening at Alphabet reflects the continued losses of "Other Bets" and moonshot projects for several quarters in a row now.

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