Facebook to buy brain science start-up CTRL-labs; CNBC says deal worth $1 billion

(Reuters) - Facebook Inc said on Monday it bought New York-based CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals, in a deal that CNBC was valued at $1 billion. Facebook Vice President of AR/VR Andrew Bosworth announced the deal in a http://bit.ly/2mhN3q0 Facebook post. CTRL-labs will join Facebook Reality Labs team, Bosworth said, without giving any financial details.

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