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Facebook’s latest acquisition is “modular electronics platform” creator Nascent Objects. CEO Baback Elmieh announced the move on the company’s homepage: Nascent Objects was founded on the principle that product development shouldn’t be so hard. That’s why we created the world’s first modular consumer electronics platform–to make product development fast, easy and accessible.
… Facebook is diving into the connectivity hardware business, announcing the formation of a new group, Building 8, to be led by former Google executive Regina Dugan. Dugan—pictured with Facebook chief technology officer Mike Schroepfer and co-founder and CEO Mark Zuckerberg—most recently led Google’s advanced technology and projects group. Prior…