SAN FRANCISCO (AP) – Google’s Nest Labs is resuming sales and lowering the price of a high-tech smoke detector that was pulled from the market after malfunctioning.
The new price for the detector, called “Nest Protect,” will be $99 when sales resume late Monday following a two-month moratorium. That’s a 23 percent discount from the alarm’s original price of $129 when Nest released it last fall.
Nest is in a better position to lower its prices because it now owned by Google Inc., one of the world’s most profitable companies. Google, based in Mountain View, California, bought Nest for $3.2 billion earlier this year.
The price cut could help spur sales of a device that hasn’t worked as advertised.
Nest designed the device so an alarm warning of smoke could be turned off with a wave of the hand after a user determined there was no danger. But other kinds…
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