Alphabet shuts down its power-generating kites project
San Francisco — Google parent company Alphabet Inc. is shutting down its power-generating-kites firm Makani, the first closure of a “moonshot” project since Alphabet founders Larry Page and Sergey Brin stepped back from management in December. Sundar Pichai, who took over as Alphabet chief executive, is under pressure to stem losses from the company’s Other Bets […]