Planetary Ventures LLC, a Google shell company, just signed a very expensive lease on a very large building and airfield in Silicon Valley. The lease in question will cost the search giant $1.16 billion over the term of 60 years. The building and airfield in question is the Moffett Field, where Google’s founders have been landing their private jets for years. Read more…

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Google’s Spending $1 Billion on an Old NASA Hangar, No One Knows Why