Google closes Google Labs

    Google has announced the closure of Labs - the main innovation unit where new ideas and functionality were generated. This is done in order to “focus efforts on products”, as recently discussed by Larry Page .

    For some of the Google Labs experiments, development will be discontinued soon, while others will be embedded in various products. Labs apps for Android will remain in the Android Market.

    It is hoped that Google will not slow down innovation and will not go along the beaten track of Microsoft's “creative destruction” .

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