Will new Google follow path of Berkshire Hathaway, GE or AT&T?

Google’s decision to restructure is the strongest signal yet that it intends to be a 21st-century innovator, a bold creator of new products, not simply a harvester of profits from its lucrative search-engine business.

But 20th-century business history offers three ways to think about what Google is up to, embodied in three potential analogues: Berkshire Hathaway, the conglomerate run by Warren Buffett; General Electric, the industrial conglomerate; and ATT, which operated the wildly innovative Bell Labs until 1996.

Google is to become but one (very large, very profitable) subsidiary of a holding company called Alphabet. The other (so far unprofitable) ambitious initiatives Google has taken on (driverless cars, life-extension technology and more) will be separate subsidiaries, as will future shoot-the-moon ventures it buys or builds.

Here’s what each of the three pathways looks like and what they might mean for Alphabet, Google and innovation in the decades ahead.

Berkshire Hathaway

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Model Aviation Day soars into Cocoa

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Oroville model airplane club has serious fun flying – Chico Enterprise


Larry Shepard flies his remote-controlled plane Saturday at the Oroville Air Corps’ field near the Thermalito Afterbay in Oroville.
Dan Reidel — Enterprise-Record




Oroville Saturday was a great day to take the sky without leaving the ground. Dozens of model airplane buffs spent the morning and early afternoon focused on their favored hobby.

Several of the approximately 100 members of the Oroville Air Corps can be spotted every week at the mini airfield along Thermalito Aferbay.

Saturday, however, was special because it was National Model Aviation Day.

The local group asked participants to donate toward the Wounded Warrior Project. About $700 was raised Saturday, explained Dave Murphy, a member of the Oroville Air Corps.

John Lett drove up to Oroville from Elk Grove and said he and his buddy were glad there was a good turnout.

Lett’s father was a Tuskegee airman, which brought him information about planes from an early age. Lett himself was a pilot in the Navy during the

Article source: http://www.chicoer.com/general-news/20150815/oroville-model-airplane-club-has-serious-fun-flying

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Model Aviation Day held in Cocoa

model airplane enthusiasts with the Indian River Kontrol Society were out in full force Saturday, celebrating Model Aviation Day at the Brevard County Central Disposal Facility in Cocoa.

The concept of Model Aviation Day is one that is promoted nationally, according to IRKS secretary Ron Mock, who also organized the event.

“The Academy of Model Aeronautics has set aside a date, National Aviation Day, and that’s what this is. That’s a nationwide time during the year where the model airplane club can get together and hold a model airline event,” he said.

At the Cocoa event, a myriad of planes were seen both in the air and on the ground.

“We’ve got pretty much every generation of airplane out here,” said Richard Baker of Orlando. “We’ve got older style airplanes that are still being built today made out of wood, fiberglass and are powered by glow, which is alcohol, basically, and gasoline. We also have a new generation which are mainly foam airplanes that are actually powered by electricity.”

It was also competitive in some respects, with 20 participants participating in a “fun fly” competition at one point.

Despite winning the event, Carter Rindhart of Titusville said he enjoyed other aspects of the day the most.

Pilots watch as a P-51 flies overhead at the<p>Article source: <a href=http://www.floridatoday.com/story/news/local/2015/08/15/model-aviation-day-held-cocoa/31796715/

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Model plane leaves combat pilot a wreck

Phil Peoples masterfully flew a P-47 Thunderbolt on dozens of World War II combat missions.

His attempt last week to fly a model airplane resembling his iconic fighter/bomber did not emulate that same level of success.

Fortunately, the model planes owner seized control of the craft to keep it from hitting the ground and nearby spectators as it sped downward at speeds up to 40 mph.

It was thrilling, said Bend Aero Modelers president Greg McNutt, who set up the Aug. 5 flying demonstration after he saw a 75-year-old picture of Peoples with his Bend Model Flight Club.

The pilot

Peoples was heading home from a family vacation the summer of 1939 when his father picked up a 5-foot-long model plane kit from a hobby shop and gave it to him. The whole package cost $18.95, which is equal to about $325 in todays dollars, according to the U.S. Bureau of Labor Statistics.

This really set me on my way into aeronautics, Peoples, now 91, wrote in an autobiography about his childhood in Bend, his World War II service and his post-war career as one of Boeings aeronautical engineers.

When Peoples first started playing with model airplanes, the toys had gas-powered engines to propel them forward at speeds of 10 to 15 mph, depending on the wind. They did not have remote or radio control system to keep them from crashing into the

Article source: http://www.bendbulletin.com/home/3396199-151/model-plane-leaves-combat-pilot-a-wreck

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As 787 Dreamliner production stabilizes, Boeing aims to boost efficiency, quality

With production of the 787 Dreamliner stabilizing in North Charleston and Everett, Wash., Boeing Co. is sorting through hundreds of ideas to build the wide-body planes better and for less money.

Online

For more Boeing news, go to postandcourier.com/Boeing.

“The teams … have enough experience under their belt to know, hey, there’s a better way of doing this,” Greg Smith, the aerospace giant’s finance chief and executive vice president for business development, said at an investors conference Wednesday. “Now that we’re stable, we can look at these efficiencies that you can’t see when you’re going up every six months in rate.”

From more efficient methods of installing interiors to an easier way to build a wing joint, Smith said Boeing is reviewing roughly 1,100 ideas for improvements.

“These are all productivity, quality, flow time-related ideas that we are dispositioning, whether they come through the supply chain or us,” Smith said.

Not all the ideas will make the cut, Smith said, but those that can help Boeing trim the $23 million it loses on each Dreamliner it builds will get a strong look.

“No doubt about it, getting unit costs down on the 787 is a big, if not the biggest, productivity focus area we have,” Smith said, adding that the company hasn’t met its internal goals for cost reductions. “We still have a lot of work to do.”

Per-unit costs have come down dramatically in recent months,

Article source: http://www.postandcourier.com/article/20150812/PC05/150819805/1012/as-787-dreamliner-production-stabilizes-boeing-aims-to-boost-efficiency-quality

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Model plane enthusiasts celebrate aviation, raise money for Wounded Warriors – Las Cruces Sun

LAS CRUCES GT;GT; All around the country, model airplanes will claim the skies this weekend for National Model Aviation Day.

The Mesilla Valley model airplane Club will join as many as 200 model aviation clubs participating in the Academy of Model Aeronautics Foundation’s third annual celebration.

The club will host a free event from 10 a.m. to 5 p.m. Saturday at the south end of Mesilla Valley Mall near Cineport 10, 700 S. Telshor Blvd., to celebrate the hobby of model aircraft flying, while collecting donations for the Wounded Warrior Project.

While there will be no aerial demonstrations, there will be impressive models on display, said Jerry DeLong, president of the Mesilla Valley model airplane Club. The display will include a Revolver model aircraft with a 70-inch wingspan, a B-29 model aircraft with a 150-inch wingspan and many other models.

Flight simulators will be on site to replicate flying a radio-control model aircraft, DeLong said. Participants also can help build a model glider, supervised by club members.

In 2014, the national event raised $100,000 to benefit the Wounded Warrior Project, a nonprofit that helps wounded veterans of military actions following the Sept. 11 terrorist attacks, according the Academy of Model Aeronautics. Members hope to raise more money than last year. Donations can be dropped off during today’s event.

“We’d like to see donations to the Wounded Warriors, and we will have a couple of raffle prizes,” said DeLong. “We’ll have a lot of different airplanes at the mall.”

Flight field

The Mesilla Valley club is

Article source: http://www.lcsun-news.com/las_cruces-news/ci_28644031/model-plane-enthusiasts-celebrate-aviation-raise-money-wounded

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