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Exclusive (Brief)

More Details about Nest’s Plans in Home Security

By Jessica E. Lessin and Reed Albergotti · Jun 05, 2015 12:46 PM PDT

Tony Fadell and Nest have long set their sights on reimagining home security. We wrote about it when we were the first to report that they were in talks to buy Dropcam, which they did. And the company has also pursued partnerships with companies like ADT.

We’ve heard a few more details about a new standalone security product. In one design, the key component is a hub that’s roughly size and ...

Jawbone Lays Off 20 Employees

By Reed Albergotti · Jun 01, 2015 2:50 PM PDT · 4 comments

Jawbone, maker of fitness trackers, jettisoned roughly 20 employees or about 4 percent of its workforce on Monday, a month after it raised $300 million in financing from private equity firm BlackRock.

A Jawbone spokesman called the layoffs part of an ongoing restructuring. “We try to find roles for people inside the organization,” he said. “However, this is not always possible, and in this ...