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Facebook Buys Mind-Reading Startup for Close to $1 Billion

By
Alex Heath
· · Source: The Information

Facebook has acquired CTRL-Labs, a New York-based startup that is developing mind-reading technology. The deal will help Facebook move forward with its vision of being able to discern human thoughts by wearing a wristband, according to a statement by Facebook hardware executive Andrew Bosworth. Facebook is buying the three-year-old startup for close to $1 billion, making it one of the social...

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