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Google... more money than sense?

"Google has announced plans to buy thermostat maker Nest Labs for $3.2bn (£2bn), continuing a string of recent acquisitions.

Google said the cash deal was expected to be completed in the next few months.

California-based Nest Labs was founded by two former Apple executives.

It produces a thermostat capable of learning user behaviour and working out whether a building is occupied or not, using temperature, humidity, activity and light sensors." -- BBC News website

Hang on!!!... Let me get this right. How the f*ck can a company that "makes" thermostats (I bet they're actually manufactured in China) be worth £2 billion? It doesn't make sense. And oh look quelle surprise... the two blokes who started it up used to work for Apple.

Just a thought... I bet the guys who came up with the Raspberry Pi aren't worth anywhere near that. And I would have thought that was a much better idea than a poxy thermostat. Can Google pay me a few million for this blog?

Rant over.

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