Jeff Macke

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Google Acquires Nest: Is It One Step Closer To Being 'Big Brother'?

Morgan Korn | The Daily Ticker | January 14, 2014

Is Google (GOOG) one step closer to becoming Big Brother? The Internet giant is acquiring Nest, a company that makes smart thermostats and smoke alarms, for $3.2 billion in cash. [...] Nest's thermostats were designed to reduce a homeowner's heating costs; the device learns its user's behaviors and can adjust the temperature autonomously. [...] Read More »