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Internet of Things
Fridges that talk, watches that listen and thermostats that learn your secret domestic habits: these are some of the most visible examples of the so-called “internet of things” (or “IoT” for aficionados).
Cisco, the global computing hardware group, is a big supporter of IoT. It announced yesterday that it was increasing its investment in early-stage companies in the sector to $250m over two to three years, up from the $100m it announced in January. It also unveiled three minority investments: in the enterprise start-up accelerator Alchemist Accelerator, as well two IoT software start-ups, Ayla Networks and Evrythng. Read more
by Barney Jopson
Frustrated by not being able to dictate your shopping list to Amazon? Well, even if you weren’t, Jeff Bezos’s company has come up with a solution to the problem you never had.
In an interview on Monday afternoon, Nest’s co-founder and chief executive Tony Fadell told the FT that he sold the “smart home” company to Google because he wanted to focus on new product innovations, not worry about managing the behind-the-scenes infrastructure that handles all the data generated from its “Learning Thermostat” and “Protect” smoke alarm, and to ensure the company stays ahead of mounting competition. Read more
Nest, one of Silicon Valley’s best-known hardware startups, unveiled the follow-up to its “smart thermostat” on Tuesday: a talking smoke alarm that can send alerts to an app.
The Nest Protect has already received praise for its slick design and imaginative touches, such as motion-sensing nightlights and a woman’s voice to warn more gently of rising smoke than the traditional buzzer. These are not features you often associate with a humble smoke alarm. Read more
You’re wearing Google Glass. A stranger walks past in a T-shirt emblazoned with a QR code. Suddenly, your world changes: images you didn’t expect start appearing on the tiny Glass screen above your eye. It quickly becomes clear that someone has taken complete control of your eyewear. Read more