A bio tech company is auctioning off 20 plants they say glow in the dark. Also, a case of mistaken identity sends a pink sheet stock soaring. This and more in today’s Tech Talk…
== Nestor stock surges ==
Earlier this week Google made headlines when it announced the purchase of home automation company Nest. This caused a company named Nestor, Inc. to soar in the pink sheets. Investors sent the stock from less than a penny to over 10 cents a share. It finally closed at around 4 cents. Nestor trades under the name “Nest” but is not at all tied to the company Google purchased.
== Apple’s in-app purchase woes ==
(AP) -- Following tens of thousands of consumer complaints, the Federal Trade Commission said Wednesday that Apple will pay at least $32.5 million to settle a federal case involving those in-app purchases. Apple also must change its billing practices to make it more obvious that an actual purchase is taking place during the course of the game or app.
== Glow-in-the-dark plants ==
A bio tech company is auctioning off the world’s first glowing plants – no cords or batteries needed. The Starlight Avatar Plant naturally lights up because biologists created them using glowing marine bacteria to modify tobacco plants. The plants don’t shine bright enough to light up your room, but it’s sure to impress your friends. On the web: http://bioglowtech.com/