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Google buys $450 million stake in ADT to fortify Nest

CBS News Monday, 3 August 2020
Search giant want to integrate internet-enabled products for the home with security technology.
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News video: Google announces partnership with ADT, to invest Dollar450 million

Google announces partnership with ADT, to invest Dollar450 million 01:09

Google on Monday announced a partnership with security firm ADT and said as part of this multi-year partnership, it will 'make a Dollar 450 million investment in ADT'. "Today, we're announcing a long-term, strategic partnership between Google and ADT, a leading US security and home automation...

💡 One News Page Knowledge: Other News Mentions

Google Google American technology company

Google Meet to limit meetings to 60 minutes on free plans after Sept 30 [Video]

Google Meet to limit meetings to 60 minutes on free plans after Sept 30

Tech giant Google's video chat platform Google Meet has announced that after September 30, free versions of Meet will be limited to meetings no longer than 60 minutes. A Google spokesperson told The Verge in an email, "We don't have anything to communicate regarding changes to the promo and advanced features expiring. If this changes, we'll be sure to let you know."Under the extension, anyone with a Google account could create free meetings with up to 100 people, and with no time limit. The Verge reported that the deadline of September 30 is also applicable to other features like access to advanced features for G Suite and G Suite for Education customers, including allowing meetings of up to 250 participants, live-streams of up to 1,00,000 people within a single domain, and the ability to save meeting recordings to Google Drive. Those features are normally only available to customers on the "enterprise" tier of G Suite, which costs USD 25 per user per month. During the coronavirus pandemic, Google Meet and other video-conferencing platforms have been chasing the meteoric rise of Zoom, with Meet passing 100 million daily participants back in April.

Credit: ANI    Duration: 01:10Published

Google's owner to pay $310 million to settle misconduct claims

Ex-Google executive Andy Rubin, who had been accused of harassment, got a $90 million severance payment.
CBS News

Current state of technology and social media in the U.S.

Facebook announced the removal of hundreds of Russian-linked accounts, pages and groups. The Justice Department is trying to force big tech to take..
CBS News
Australia wants Google to block Uluru 'walk' [Video]

Australia wants Google to block Uluru 'walk'

Australia has asked Google to remove photographs of the top of the sacred Indigenous site, Uluru, a tool that allowed users to appear to walk on its summit.

Credit: Reuters Studio    Duration: 01:01Published

ADT Inc. ADT Inc. American security systems firm

ADT Stock Goes Up 97% [Video]

ADT Stock Goes Up 97%

On Monday, ADT announced that it will be partnering with Google on a new line of smart home security products. Business Insider reports shares of ADT surged as much as 100% Monday to an all-time high of $17.21. Google will invest $450 million for a 6.6% ownership stake in ADT. The partnership will combine Nest hardware and services with Google technology and ADT's installation, service, and professional monitoring network. The partnership is focused on residential and small business security.

Credit: Wochit News    Duration: 00:36Published

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