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January 14, 2014

Google Buys Nest Labs for $3.2 Billion

Home Thermostat as  . . . Trojan Horse*(?!?) While 2x-3x the cost of a standard thermostat, the Nest thermostat promises to let homeowners quickly re-coup that investment through lower energy bills. In turn, it supposedly accomplishes that by incorporating a more intuitive, user-friendly display and interface (see photo below); smart software that learns the household’s schedule;...
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