Reports say that Nest is losing employees and failing to meet revenue expectations after being bought by Google Inc. for $3.2 billion two years ago. This week, the company abruptly shut down one of its services, casting a chill of confidence over the smart-home industry.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.