Archive for March 2017

Collapsing “connected toy” company did nothing while hackers stole millions of voice recordings of kids and parents / Boing Boing From article: As I’ve argued before: there is no IoT business model. Hardware starts at a 2% margin and falls from there. IoT companies get capital by promising to monopolize an “ecosystem” — controlling app stores, service, parts, and consumables, and by collecting as much data as possible in case they might get an exit by selling