Alphabet's "moonshot factory" X is working on a new project codenamed "Wolverine," according to a new leak, and it may involve a wearable that facilitates super-hearing capabilities.

Google is still the jewel in Alphabet's financial results crown, helping drive revenues up 22-percent year-on-year in Q4 2016, but its "moonshot" projects remain a money pit.

Google parent company Alphabet's internet-delivering balloon service and its drone delivery project have graduated from X programs to full-fledged businesses at Alphabet. From here, Alphabet says ...