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Stock impact report

Facebook fractures its secretive hardware division [The Verge]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: The Verge
The hardware group is now focused on Portal and other projects, while far-off ideas are part of Reality Labs Illustration by Alex Castro / The Verge Roughly a year and a half ago, Regina Dugan, a former director for the US government’s Defense Advanced Projects Research Agency, took the stage at Facebook’s F8 developer conference. There, she told the audience that Facebook was working on brain-computer interfaces that might one day let you type with your thoughts. It was a bold proclamation, and it helped at the time paint a picture of Facebook as a risk-taking, moonshot-hunting Silicon Valley juggernaut in the mold of Google and its X lab. Now, 18 months later, some of those projects are still reportedly in the works, but the team responsible for them no longer go by the DARPA-inspired name Building 8. And Dugan, who had joined Facebook from her time running a similar skunkworks group called ATAP that was pursuing an ill-fated modular smartphone proje Show less Read more
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