Sidewalk Labs halted the Toronto smart city project due to budget problems

Alphabet’s Sidewalk Labs has pulled the plug on its more than $1 billion Toronto “smart city” project, citing “unprecedented economic uncertainty”in a setback for the city’s long-planned waterfront revitalization.

Sidewalk Labs had developed a proposal for a futuristic, data-driven city development along Toronto’s downtown lakeshore.

The project had long faced opposition over issues including data privacy concerns.

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