Facebook buys company working on reading thoughts technology

Facebook acquires CTRL-Labs, a startup that develops the brain-computer interface. The acquired company is the creator of the electronic wristband, which is to enable the control of devices by means of thoughts. In this way, people are to share photos in the social network in the future, click the mouse button or perform other tasks.
The transaction amount has not been disclosed, but Bloomberg sources say it is between $500 million and $1 billion.
Facebook representatives also reported that the CTRL-Labs wristband is still in the research phase and it will take several years before it becomes available to customers.
(Business Insider)