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Is Nest For Sale?

A source close to Alphabet tells The Verge that Nest is "categorically not for sale." What’s more, “We’re committed to investing in it,” the source says. Yet, “It’s been a tumultuous few days for Nest, which saw co-founder and CEO Tony Fadell depart last week amidst swirling unhappiness about the company's product roadmap, demanding culture, and financial performance after being spun out of Google under new parent company Alphabet.”

Read the whole story at The Verge »

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