Google Buys a Nest

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Google Buys a Nest
Number 2147
Broadcast Date JANUARY 13, 2014
Episode Length 27:41
Hosts Tom Merritt
Guests Iyaz Akhtar

Iyaz Akhtar joins to chat about products at CES you CAN actually buy, the rise of messaging apps and Google buying Nest Labs.



Always thought hip thermostat-maker Nest was Apple-like? Well think again. The Next Web reports Google just announced it has acquired Nest Labs for $3.2 billion. Nest will maintain a separate brand identity and Tony Fadell, who worked on the original iPod, will continue to lead the company. Fadell said Google will help Nest “change the world faster than we ever could if we continued to go it alone.” Google Ventures was an early investor in Nest.
According to CNET, Facebook has purchased Branch, a social topic discussion forum backed by Obvious Corp, the incubator owned by Twitter co-creators Evan Williams and Biz Stone. The news broke earliest on Jelly, the questions app launched by Biz Stone at CES. The Verge has sources that say Facebook paid around $15 million. Branch’s nine-person team will become Facebook Conversations, based in New York.

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Preceded by:
"Curved is better than flat"
Google Buys a Nest
Followed by:
"Is Net Neutrality Dead?"