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News Story
11/11/2014
Posted by Mark Reback
The tech giant will pay $1.16 billion over the course of a 60-year lease in order to conduct research at the Moffett Federal Airfield in California. According to a NASA statement, Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) will use the site for research, development, assembly and testing related to “space exploration, aviation, rover/robotics...
News Story
11/11/2014
Posted by Mark Reback
MOUNTAIN VIEW -- In a deal that promises to restore Moffett Field's beloved Hangar One, Google on Monday said it would spend more than $200 million to rehab that and two other hangars, create an educational center and assume management for much of the historic air base, drawing cheers from preservationists.     Saying it will...
News Story
11/11/2014
Posted by Mark Reback
SAN FRANCISCO - Google Inc. has signed a long-term lease for part of a historic Navy air base, where it plans to renovate three massive hangars and use them for projects involving aviation, space exploration, and robotics. The giant Internet company will pay $1.16 billion in rent over 60 years for the property, which also includes a working air...
News Story
11/11/2014
Posted by Mark Reback
Mountain View gets 60-year lease on historic Moffett Airfield A consumer watchdog has slammed NASA for signing a whopping $1bn deal that will see a historic airbase turned into Google's space "playground". Mountain View has inked a deal with the space agency which will see it rent Moffett Federal Airfield for 60 years. The massive...
News Release
11/10/2014
Posted by John M. Simpson
SANTA MONICA, CA – NASA’s just announced lease agreement with a Google subsidiary to manage Moffett Federal Airfield wrongly rewards the Internet giant’s executives for longstanding abuses at Ames Research Center, Consumer Watchdog said. NASA claimed the lease would save the agency approximately $6.3 million annually in...
News Story
11/10/2014
Posted by Mark Reback
A Google Inc. subsidiary has sealed a deal with NASA to lease Moffett Field — plugging in the largest puzzle piece yet in Google's massive Peninsula real estate expansion and paving the way for the rehabilitation of the storied Hangar One. The deal, first announced in February, became official today, providing a first look at the...
News Story
11/10/2014
Posted by Mark Reback
Google is paying $1.16B and plans to renovate and use the historic Hangar One Google is paying $1.16 billion over 60 years to lease from NASA the Moffett Federal Airfield in California. The Internet giant plans to renovate and use the historic Hangar One, originally built to house airships, for research, development, assembly and testing in the...
Blog Post
4/24/2014
Posted by John M. Simpson
A settlement has been reached in the $3 billion class action lawsuit on behalf of 64,000 high tech workers who charged that Silicon Valley tech titans like Steve Jobs, Eric Schmidt and Sergey Brin illegally conspired to keep their wages down. Details of the settlement weren't released, but a joint letter from plaintiffs' and defendants...
News Story
2/11/2014
Posted by Mark Reback
Planetary Ventures, a company operating under the umbrella of Google, has been awarded by the General Services Administration (GSA) and NASA to renovate and manage the Moffett Federal Airfield in Mountain View, California. The U.S. GSA announced, after a comprehensive review process, its decision, Monday, paving the way for the takeover of...
News Release
2/10/2014
Posted by John M. Simpson
SANTA MONICA, CA. -- Giving a Google corporate subsidiary control of Moffett Field, as announced today by the General Services Administration and the National Aeronautics and Space Administration, wrongly rewards the Internet giant’s executives for longstanding abuses at Ames Research Center, Consumer Watchdog said. In December a NASA audit...