Alphabet has reduced spending on several experimental efforts, cutting some completely
Alphabet announced the investment by adding Snapchat's logo to a page on its investment portfolio website
Alphabet reported Thursday that its inventory was $491 million at the end of 2015, likely reflecting Nest hardware
The burrito-bearing aircraft will be flown by automation, but human pilots will be standing by to take control if necessary to comply with FAA rules
The tie-up shows the growing convergence of healthcare and technology
Project Foghorn is one of those straight-from-science-fiction concepts we've come to expect from Alphabet, the sprawling conglomerate formerly known as Google. The idea, hatched by the company's X research lab, was to use seawater and chemistry to create fuel that could be refined into gasoline. This gas would be just like the gas we fill our cars with today - except that unlike today's gas, it would not add to global warming because it would recycle carbon dioxide already in the atmosphere.If the project had been successful - and this was always a big if - it would have changed the definition of green energy and potentially undercut some of the most important industries in the world, not least the oil business. But after two years of trying, and an undisclosed research budget, Foghorn died during a January staff meeting.The result: Everyone on the team received a bonus (they won't say how much).X, formerly called Google X, cheekily refers to itself as "the moonshot factory". They are