MICROSOFT BEATS APPLE AND GOOGLE WITH HOME RUN $MSFT $AAPL $GOOG $GE $WHR
Not too far into the future, it may become commonplace for people to run common functions in their homes using their smart phones. The functions may include lights, security systems, thermostats, appliances and entertainment devices. Would you want Apple, Microsoft, or Google to run your home? All three companies see this as a big market and have been hard at work developing it. Now, in a small way, Microsoft has beaten Apple and Google by acquiring Id8 Group R2 Studios. R2 Studios had been in discussions with Apple, Google, and Microsoft according to the Wall Street Journal. R2 Studios’ only publicly known product is a $99