Nest Labs, maker of smart home appliances like the Nest thermostat and Nest Protect smoke and CO alarm has announced a recall of the Protect, citing safety concerns with one of the alarm's futuristic features.
Google just made a huge purchase of Nest Labs, the young tech company that makes smart thermostats and smoke detectors. The Mountain View giant bought this company for $3.2 billion, which is a pretty huge number for a company that's essentially just entered its post-startup phase. Here's why.
