I don't know if Google canceling a project is news. Seems like Google releasing a project would be much more of a "man bites dog" story than the other way around, but okay.
I’m glad it’s not only me that feels this. Google has lost a lot of my trust. I am not inclined to try something new that launches as it’s likely to be short lived. Why invest in something they will shut off in a year or two or change the name (what’s it now, Google Talk, Hangouts, Duo, or some other shit?).