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Alphabet s Moonshot X Lab Cuts Staff, Turns to Outside Investors

(Bloomberg) Alphabet Inc.’s lab for pioneering technology is laying off dozens of employees as it turns to outside investors to help fund its ventures.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutGloom Over China Assets Is Spreading Beyond Battered StocksHedge Funds Rake in Huge Profits Betting on Catastrophe RiskThe division, kn

Alphabet s Moonshot X Lab Cuts Staff, Turns to Outside Investors

(Bloomberg) Alphabet Inc.’s lab for pioneering technology is laying off dozens of employees as it turns to outside investors to help fund its ventures.Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearPutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionThe division, known as X, has in recent months ramped up discussions on fund

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