Ridiculous Item of the Day: Google May Buy Balloon Company

Google is considering working with, or buying Space Data Corp, a company that provides internet wireless services via Balloon, according to the Wall Street Journal. Space Data Corp targets areas without existing internet access, such as rural areas and highways, providing wireless and internet services to truckers and rural folk. The company currently launches 20 balloons a day, and a single balloon can service an area equivalent to 40 cell phone towers. The balloons cost $50, however the transceivers attached to them cost $1500, but parachute back to the earth once the balloon is no longer in service.
http://www.techcrunch.com/2008/02/20/google-may-buy-balloon-company/

http://online.wsj.com/public/article/SB120347353988378955.html