News Byte

Honeywell Sues Nest Labs Over Thermostat Tech

Honeywell International Inc. has filed a patent infringement lawsuit against Palo Alto-based Nest Labs, alleging that Nest, maker of a “smart” digital thermostat for the home, infringes on seven of Honeywell’s patents related to thermostat technology. The patents referenced specifically pertain to the thermostat’s mechanical user interface, controller interface, inner design and “simplified methods for operating and programming a thermostat.” Also named in the suit is Best Buy, which sells the Nest thermostat.

Exclusive: Houzz Brings Home $11.6 Million in Series B Funding

Houzz, an online community for homeowners and home renovation professionals, has landed a fresh round of financing as it continues to expand amid an improving renovation market.
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Viral Video: Here’s the Trailer for the $60 Movie (For Free!)

It does look funny, but does it look $60 funny?
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Move Over, Craigslist: Airbnb Launches Sublets for Longer-Term Rentals

Airbnb, the fast-growing online accommodations service, is expanding an offering to allow users to more easily book longer rentals of a month or more.
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O.co Taps Home and Auto Insurance to Grow Discount Shopping

Overstock.com has been slowly trimming its name down to a more snappy O.co, while simultaneously increasing the number of businesses in which it operates.
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Nordstrom Acquires Flash Sales Site HauteLook for Up to $270 Million

Nordstrom has agreed to acquire four-year-old HauteLook, marking the department store’s first foray into online private sales.

Mac Growth Outpaces Market for 19th Straight Quarter

The Mac has been on a growth tear for a few years now, outperforming the broader PC market in most every sector. Indeed, December 2010 marked the 19th straight quarter that it did so.
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You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief

In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties. The deal was signed just this afternoon.

Comcast Bringing Live TV to Your iPad (In Your House)

Here’s a logical, and cool, marriage between your iPad and your TV, brokered by your cable guy–with some strings attached.

Real Estate Site Trulia Acquires Movity

San Francisco real estate site Trulia said it has acquired Movity, a buzzy stealth start-up that surfaces and aggregates geodata for home buyers and renters, such as noise, crime and pricing, from a variety of sources. Trulia declined to provide financial details of the transaction, but said the move was to provide better information for its users. Movity was founded this year with $1.3 million in funding.

AOL Officially Adds 5Min to Its Roster. Next?

YouTube Steps Cautiously Into Mobile Ads