[NEWS] Daily Crunch: Facebook acquires a neural monitoring startup – Loganspace

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1.Facebook buys startup building neural monitoring armband

Facebookhas talked a lot about working on a non-invasive brain enter tool that would possibly per chance produce issues love textual convey material entry doubtless steady by thinking.

To this level, most of the corporate’s growth on that challenge appears to be taking the produce of university research, nonetheless with the acquisition ofCTRL-labs(which we’ve confirmed changed into payment between $500 million and $1 billion), Facebook appears to be shifting nearer to turning this thought correct into a commercial product.

2.Messaging app Kik shuts down as company focuses on Relatives, its cryptocurrency

The corporate’s group will be reduced to 19 folks, a gash value that can have an effect on over 100 workers, because it focuses on changing more Relatives customers into traders. Relatives peaceable faces a lawsuit from the SEC, claiming the corporate’s ICO changed into illegal.

3.Europe’s high court ideas that ‘impartial correct to be forgotten’ entirely applies in Europe

Google and various engines like google started enforcing the excellent to be forgotten in 2014, allowing European electorate to query engines like google to delist results with sensitive personal info. Now the Court of Justice of the European Union has ruled that Google doesn’t wish to de-reference these results on a world scale.

4.Samsung Galaxy Fold, select two

This week, the Fold within the kill debuts on North American store shelves, about 5 months later than before the entire lot planned.

5.ClimateTech is the fresh hot pronounce for investors in a warming planet

Whereas CleanTech has traditionally been known within the field of vitality technology, equivalent to solar, battery and hydro, ClimateTech would possibly per chance per chance be defined as info-driven merchandise aimed at addressing the wretchedness and publicity to the effects of native climate alternate. (Extra Crunch membership required.)

6.Honestbee owes nearly $1 million in unpaid wage to workers, primarily based totally on affidavit filed by its CEO

Honestbee, the Singapore-primarily based mostly grocery supply startup that has been battling monetary complications, owes 217 workers a total of nearly USD $1 million in unpaid wage.

7.Hear about investing in African tech at Disrupt SF with Marième Diop, Wale Ayeni and Sheel Mohnot

We’ll be web location hosting a Q&A session with Orange Digital Ventures’ Marième Diop, International Finance Organization‘s Wale Ayeni and 500 Startups’ Sheel Mohnot, three Africa-primarily based mostly investors who lift a form of skills screening startups all the plan by plan of its high tech hubs.