Nest CEO and co-founder Tony Fadell announced he will step down from his leadership position, but will stay on as an adviser to parent company Alphabet. Fadell will be replaced by telecom vet Marwan Fawaz (formerly CTO of Adelphia Communications and Charter Communications), “amid escalating drama at Nest that sent ripples across all of Google,” suggests Recode. “Despite its internal struggles, Nest is a market leader in the connected device field.” Its ability to ship its collection of smart home products and “build out software and energy partnerships for Internet-connected devices” will be critical as it competes in this space with tech giants such as Amazon and Apple. Continue reading Tony Fadell to Step Down as CEO of Alphabet’s Nest Division

As part of its push to become the dominant OS for connected devices in and around the home, Google’s Nest Labs will purchase Dropcam for $555 million. Dropcam’s Web-connected video-monitoring service streams live to mobile apps and sends alerts based on activity in the home. Google acquired Nest, founded by Apple designers Matt Rogers and Tony Fadell, earlier this year for $3.2 billion. The acquisition of Dropcam is expected to generate privacy concerns. Continue reading Connected Home: Google’s Nest Agrees to Acquire Dropcam