Nest Uses Its Data To Turn Electric Utilities Into Cash Cows
April 18, 2014 at 07:56 AM EDT
When Google acquired smart thermostat maker Nest for $3.2 billion, the startup quickly stated that it wouldn’t ever share its user data with other Google services and outside companies. Yet, according to a recent report by Forbes, the company is taking advantage of its data to create a lucrative revenue stream from electric utilities. “Our privacy policy clearly limits the use of… Read More