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[-]  12-07-18 05:52

Business Insider
Alphabet’s ‘graduation’ party for Loon and Wing is really a sign of a fundamental flaw in Google’s new structure (GOOG, GOOGL)
Alphabet announced that Wing and Loon, two projects developed by its X research lab, have now graduated to being full businesses in its "other bets" category.
The move means the company thinks their technical problems are solved and it's time for them to develop as businesses.
That's potentially good news for investors, but it's hard to know just what to make of it.
Collectively, Alphabet's other bets have been losing billions of dollars each year and dragging down the company's earnings.
But be...

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