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[Maninthemirror]

Not only does google currently know your data for online use age , with Nest it can detect through nest's motion sensors when you are home, which room you are in and how many people are in your home

 

[Ether_Snake]

The first 1trillion market cap company.

 

[DyTonic]

Google isn't rich enough to help the poor.

 

[Maninthemirror]

The first 1trillion market cap company.

Watch the us gov break it up like it did bell labs

 

[Knoxcore]

What I do like about Google is they are doing something with their money. The thing is their acquisitions are across the board. That's exciting.

You know people are up in arms over how much Google knows about the individual consumer, but name me one company that is more transparent about what they do with your data? Is there room for improvement? Hell yes. But, I don't see a reason for concern as of yet. Listen, we now live in a world where people accept a certain level of insecurity. We understand that everything we do on the internet can be tracked, stored, hacked and used to target us. But I don't think we have reached the precipice where privacy concerns outweigh the services we are getting. I mean look what happened with the NSA spying. I was angry that corporations were sharing user data with the government and I was even more angry that the US government has an umbrella authority to spy on people. But after that anger subsided, I had not drive to protest these actions because as far as I can tell, they have yet to affect me personally.When there is a major security breach at Google, then we could talk.

 

[Mr. Wonderful]

So you don't trust the government with information, but you do trust a select few strangers that are supposed to be incentivized by money above everything else with it.


Makes sense

Yes. Because corporations at least theoretically have a check from the Federal government, whereas the Federal government has a check from lol the voters.

 

[nick380]

"OK Google, it's cold in here."

*the heat turns on*

*Google, set temp to (insert degree) * Kinda how the kinect on the xbox work! I can see this being real nice for a home add in the fact that google could well become everything in your home, phone, tv, internet, smoke alarms?

 

[Kabuki Quantum Lover]

But after that anger subsided, I had not drive to protest these actions because as far as I can tell, they have yet to affect me personally.When there is a major security breach at Google, then we could talk.

Can't wait when it does happen.

 

[OriginalThinking]

Easy to say when a lot of corporations are gunning for the same thing albeit at a slower pace.

A couple examples being Amazon and Apple.

It's easy to say because it's true. Buy your music from amazon. Buy your smoke detectors from your local DIY store. Use Dropbox to store shit. Use outlook for your e-mail. Use openmaps for your maps. Etc etc

 

[jagowar]

*Google, set temp to (insert degree) * Kinda how the kinect on the xbox work! I can see this being real nice for a home add in the fact that google could well become everything in your home, phone, tv, internet, smoke alarms?

Vera lite already does this through their android apps.... really is very impressive.

http://www.youtube.com/watch?v=hYMpMt0lwUY&feature=youtu.be

 

[Thursday War]

Thermostats to demand you sign up for Google+ every time you try to change the temperature.

:lol

that would be hilarious

 

[Ether_Snake]

Watch the us gov break it up like it did bell labs

Nah, they're basically saving money on NSA spending.

 

[numble]

Better than apple sitting on piles of cash and doing fuck all with it

Spoiler

sarcastic btw

I know you're being sarcastic, but Apple has been buying larger companies like Authentec, PrimeSense, Anobit, and Intrinsity (all with larger staffs than Nest Labs) for a fraction of the price paid for Nest Labs.

 

[ThatObviousUser]

I know you're being sarcastic, but Apple has been buying larger companies like Authentec, PrimeSense, Anobit, and Intrinsity (all with larger staffs than Nest Labs) for a fraction of the price paid for Nest Labs.

Considering I've never heard of those companies, no wonder.

 

[Skelter]

Google = skynet. Its happening.

I see them more as these guys.

 

[numble]

Considering I've never heard of those companies, no wonder.

I think it is a characteristic of the present Silicon Valley environment where user/nerd buzz leads to overinflated valuations. Quiet purchases, like the Android acquisition, can work as well. 3 billion for a handful of guys when Motorola was 12 billion for thousands of employees, plants, and patents is kind of crazy to me. I think the purchases I listed with regard to Apple have all paid off for Apple (with the exception of PrimeSense, which we won't see for awhile) in terms of their bottom line almost immediately, but I don't see Nest making back their acquisition price for a long time, just like the Motorola Mobility acquisition.

 

[Kinitari]

I think it is a characteristic of the present Silicon Valley environment where user/nerd buzz leads to overinflated valuations. Quiet purchases, like the Android acquisition, can work as well. 3 billion for a handful of guys when Motorola was 12 billion for thousands of employees, plants, and patents is kind of crazy to me. I think the purchases I listed with regard to Apple have all paid off for Apple (with the exception of PrimeSense, which we won't see for awhile) in terms of their bottom line almost immediately, but I don't see Nest making back their acquisition price for a long time, just like the Motorola Mobility acquisition.

As a complete dunce when it comes to finance and business acquisition, my guess is that some of the value in acquiring "name brands" like Nest is it's effect on investor confidence. I wonder if that's actually true - some of the reason Google's stock is doing so well (from what I've read) is that investors feel like Google has good long term plans for diversification.