Nest Labs has decided to close down its Revolv smart home hubs. Image via MyRevolv/YouTube

The Dispatch, Ep 10: Beware the vapor-gadgets

Molly Wood Apr 8, 2016
Nest Labs has decided to close down its Revolv smart home hubs. Image via MyRevolv/YouTube

This week in tech news, a whole bunch of new tech that doesn’t deliver, doesn’t get delivered, and disappears without warning.

Nest Labs announced early in the week that it will shut down its Revolv smart home hubs, leaving early smart home adopters out in the cold—indeed, Wired says the shutdown “proves you’re crazy to buy into the Internet of Things.”

That seems a little strong — maybe you’re just crazy to buy into Nest. Either way, people aren’t happy, and it’s not good news for the nascent smart home industry.

Similarly, Oculus has yet to successfully ship a consumer product. Its Rift headsets are delayed, with no word on new shipping dates expected until April 12.

And Tesla made over $275 million taking pre-orders for the Model 3, a car that technically does not exist, and that’s despite the company confessing that it completely whiffed on Model X production in the first quarter of the year because it couldn’t quite figure out the manufacturing details.

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