Alphabet

Tony Fadell steps down as Nest CEO

Tony Fadell is stepping down as CEO of Nest, he announced in a blog post on Friday. The former Apple engineer and founder of the smart thermostat/device company, which¬†was purchased by Google in 2014 for $3 billion, says he’s moving into an “advisor” role to¬†Alphabet and CEO Larry Page.

Despite recent reports of turmoil within the company, Fadell insists that the move is amicable and the transition¬†has been in progress since late last year. He says he’s leaving the company to¬†new CEO Marwan Fawaz, who was previously CTO of cable company Charter, with a two-year roadmap in place.

Eric Schmidt trolls Apple users (again): Galaxy S7 has better battery and camera than iPhone 6s

It’s an established fact that Alphabet Executive Chairman Eric Schmidt owns¬†an iPhone because, you know, it pays to experience¬†what the competition is doing firsthand.¬†In a fireside chat at the Startup Fest Europe in Amsterdam, Netherlands, today with CNBC journalist Julia Chatterley, he publicly¬†admitted¬†for the first time to using both an iPhone 6s and Galaxy S7, teasing the mostly iPhone-totting audience that Samsung’s device is better.