Nest CEO Tony Fadell wasn't officially "fired" from Nest, but it certainly feels like it. Nest and Alphabet announced Fadell would be "transitioning" to an advisory role at Alphabet, dropping both Nest and Fadell into a sea of negative press. In just the last few months, Nest has had to deal...
Nest’s time at Alphabet: A “virtually unlimited budget” with no results
Google parent company Alphabet now valued higher than Apple after beating Q4 earnings expectations
Google parent company Alphabet beat analyst expectations for its Q4 earnings report as its stock was up nearly 9 percent in after-hours trading. Alphabet posted earnings of $ 8.67 per share on revenue of $ 21.3 billion, which is up 18 percent year-over-year. Wall Street...
Alphabet investment arm GV pours $1.5M into virtual reality startup Envelop VR
Count Alphabet’s investment arm as another top venture firm that’s betting on a new Seattle-area virtual reality startup. Envelop VR, a Bellevue-based company developing virtual reality software, today announced a $ 1.5 million investment from GV, formerly known as Google Ventures until this past month (Alphabet is the...