Alphabet [Parent company of Google] Said in Talks to Sell Skybox Satellite Business

Alphabet Said in Talks to Sell Skybox Satellite Business

Planet Labs may buy Skybox and gain new employees from deal Alphabet curbs plans for global internet satellite network Alphabet Inc. is in talks to sell the Skybox Imaging satellite business it acquired for $500 million less than three years ago, another sign the technology giant is ratcheting back grand ambitions to blanket the globe with internet service.

bloomberg.com