SAN FRANCISCO (AP) — Google's parent company is halting operations and laying off staff in a number of cities where it once hoped to bring high-speed internet access by installing new fiber-optic networks. The company also announced that Craig Barratt, a veteran tech executive who led the ambitious — and expensive — Google Fiber program, is stepping down as CEO of Access, the division of Google corporate parent, Alphabet Inc., that operates the 5-year-old program. In a statement, Barratt said Google Fiber will continue to provide service in a handful of cities where it's already operating, including Atlanta; Austin, Texas; and Charlotte, North Carolina. But it will put further plans on hold in at least eight more metropolitan areas where it's been holding exploratory talks with local officials.Read more on NewsOK.com
Google Fiber Halts Expansion Plans As Chief Steps Down
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Tue, 10/25/2016 - 5:33pm
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