Alphabet/Google's spending on Google Fiber will be scaled back dramatically, due to high costs and the company falling far short of its 5 million subscriber target (there are around 200,000 customers instead):
[The Information] also reports that CEO Larry Page has demanded that Fiber "reduce the current cost of bringing Google Fiber to customers' homes to one-tenth the current level" That should be interesting. Google Fiber will be scaled back to just 500 employees, half its current staffing.
But wait. Wasn't Google "killing any doubts about its national ISP intentions" just two months ago? Sort of. From now on, Google will focus on selective wireless, rather than wireline infrastructure. It's a lot cheaper. The San Jose Mercury was the first to report the scale-back a fortnight ago.
Also at The Information (paywalled), USA Today, eWeek, and Salon. Ars Technica also has an article about Google Fiber doing battle with AT&T over access to utility poles.
(Score: 2) by takyon on Sunday August 28 2016, @07:26PM
You say GooFi but it could also refer to their MVNO [wikipedia.org] plans, reported here:
Google Prepares to Disrupt Wireless Carrier Industry; Verizon Yawns [soylentnews.org]
Google Launching Wireless Service Soon [soylentnews.org]
So really, you should add "GPS location" to your list.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]