The Trump administration "will take a look" after billionaire investor Peter Thiel said the FBI and CIA should see if Chinese intelligence has infiltrated Google.Technologyread more
On Monday, the first day of Amazon's 48-hour shopping extravaganza this year, retailers that make more than $1 billion in annual revenues saw a 64% increase in their digital...Retailread more
Builder confidence for single-family homes rose just one point to 65 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....Real Estateread more
The Federal Reserve's expected interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.Financeread more
Expectations for lower interest rates and less fear about tariffs sent investors back into the market and set up what could be a profitable run ahead.Marketsread more
A crop of long-awaited technology companies coming to the public market this year created a "frothy" period, Bernstein said on TuesdayInvestingread more
GE hasn't had a year this good during this millennium. After that massive surge, one trader is warning investors to stay away.Trading Nationread more
Credit card sales volume rose 11% this quarter and merchant processing volume increased 12%, the bank says in its earnings statement.Banksread more
EU Competition Commissioner Margrethe Vestager is preparing to launch a full probe into Amazon in the coming days, Bloomberg reported.Technologyread more
IBM announced Tuesday that it signed a multi-year agreement with AT&T enabling the carrier to host its business applications on the IBM Cloud.Technologyread more
Amazon Prime Day enters its second day, with more than 1 million deals being offered, including intermittent "lightning deals." Here's how to navigate the 48-hour shopping...Invest in You: Ready. Set. Grow.read more
If you thought the only problem with two competing Internet of Things standards was that two rivals weren't enough, you are in luck.
Google's Nest unit, along with chipmaker Freescale and a handful of others, is announcing Thread — an effort to build support for future devices to connect to one another using a mesh network sending standard Internet packets over an existing low-power radio technology, a protocol known as 6LowPAN.
The Thread project joins Qualcomm-backed AllSeen Alliance and the Intel-backed Open Interconnect Consortium in offering alternate attempts at a standard for the connectible devices of the future. In addition to Nest and Freescale, Thread's initial members include ARM, Big Ass Fans, Samsung, Silicon Image and Yale.
More from Re/code.net:
Science as a Service: Robot Lab Aims to Accelerate Research
Microsoft's Nadella Pokes Google: They Sure Are Great Marketers
Amazon Will Let You Binge Watch One of Its New Shows, Netflix-Style
Of course, having all these different standards efforts practically ensures one thing: there's no way all of these devices will actually be able to all talk to each other until all this gets settled with either victory or a truce. (Remember HD-DVD v Blu-Ray, DVD-R v. DVD+R, and VHS v. Betamax?)
If this works out at all like past format wars, heavyweights will line up behind each different approach and issue lots of announcements about how much momentum theirs are getting. One effort will undoubtedly gain momentum, eventually everyone will coalesce and then, someday down the road, perhaps all these Internet of Things devices will actually be able to talk to one another.
But until that happy day, we have the positioning and chest-thumping and placing of stakes in the ground.
Thread envisions that some devices will support only its connection, while larger devices will also have Wi-Fi to connect directly to the Internet.
For their part, the Thread backers say their effort deals with the specific radio and networking technologies that connected devices should use, while OIC and AllSeen work at the application layer.
"We're not trying to fix the whole problem space," says Nest product marketing employee and Thread Group president Chris Boross. "We're targeting just the networking implementation."
In theory, that means that AllSeen and OIC could even work in conjunction with Thread, though Boross said they haven't actually talked to either of those camps.
"We felt we needed to do it in our own little group and then work with others," Boross said.
—By Ina Fried, Re/code.net.
CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.