Google is shutting down its Google Labs experimental project incubator as part of an effort at "simplifying and streamlining" the company's product lines, the search giant revealed on its official blog Wednesday.
Referencing Google CEO Larry Page's recent memo to employees explaining the company's decision to retire its Google Health and PowerMeter services, Bill Coughran, a Google senior vice president for research and systems infrastructure, wrote that shuttering Google Labs was also part of the company's new agenda of "prioritizing our product efforts."
"While we've learned a huge amount by launching very early prototypes in Labs, we believe that greater focus is crucial if we're to make the most of the extraordinary opportunities ahead," Coughran wrote in a blog post titled "More wood behind fewer arrows."
"In many cases," he wrote, "this will mean ending Labs experiments—in others we'll incorporate Labs products and technologies into different product areas. And many of the Labs products that are Android apps today will continue to be available on Android Market."
Google has a new tool that they are testing. PowerMeter will show home energy usage in real time on your PC. You set the rate of your electricity charge, plug in your appliance and a monitor will calculate the cost. Forty million trackers are already in use and Google predicts that another 100 million will be bought in the next few years. Studies show that those who have access to home energy information can save up to 15% of their electricity bills. PowerMeter is not yet available but should be soon.
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