Facebook to Buy Tech Startup That Makes Mind-Reading Wristbands

  • 5 years ago
Facebook to Buy Tech Startup That
Makes Mind-Reading Wristbands Facebook Inc. will acquire
the tech startup, CTRL-Labs. Though Facebook has yet to comment
on the price of the deal, it has been
reported to be in the realm of $1 billion. The startup developed a wristband that
translates neuron activity to a computer. Facebook rep, to 'Bloomberg' Facebook's VP of Augmented Reality/Virtual Reality
Andrew Bosworth shared how the company plans
to integrate the startup's technology. Facebook VP of Augmented Reality/Virtual Reality Andrew Bosworth, via Facebook Facebook VP of Augmented Reality/Virtual Reality Andrew Bosworth, via Facebook Facebook VP of Augmented Reality/Virtual Reality Andrew Bosworth, via Facebook Others who've invested in CTRL-Labs include
Amazon's Alexa Fund, Google's GV and Spark Capital.