Despite Glass failings, Google defends 'license' to spend


STRATEGIC RETREAT: The Internet search company acknowledged for the first time major problems with its Google Glass wearable computer, noting that it was time for a "pause" and a strategy "reset."

SAN FRANCISCO: Google Inc plans to keep making ambitious and costly bets on futuristic products, even if it means shelving some of its most beloved projects. 

The Internet search company acknowledged for the first time major problems with its Google Glass wearable computer, noting that it was time for a "pause" and a strategy "reset." 

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