Neural Interface startup acquired by Facebook
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CTRL-labs, the New York-based neural interface has been acquired by tech giant Facebook. The 4-year-old startup has been working on developing a bracelet that can be used to control computers remotely through its interface. Facebook has acquired it for somewhere between $500 million and $1 billion and may likely pair it with VR and AR glasses. Andrew Bosworth, the VP of Facebook's VR division, shared the news on Facebook.