internet of things

Hints suggest Microsoft seriously foraying into the Internet of things (IoT)

Microsoft is taking various steps that highlight it is seriously trying to get into the Internet of things, according to a VentureBeat report that took clues from a ZDNet report and other moves taken by the company.

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Google acquires Nest Labs for $3.2B

Google has acquired Nest Labs, a startup established by former Apple employees, for $3.2 billion. According to a Financial Times report, the move is seen as a bold bet on what is called the "internet of things."

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