Facebook Acquires Startup Nascent Objects
Facebook just acquired the startup Nascent Objects, a company that will help the social media giant to build and prototype hardware faster.
Facebook Acquires Nascent Objects
The Building 8, a secretive Facebook hardware lab, will receive the small team behind Nascent Objects. The financial details of the deal are not known at the moment. The acquisition has been announced on Monday, Sept. 19, and Recode was the first online publication to report the news.
According to Yahoo Finance, the startup Nascent Objects developed a "modular electronics platform" that help to prototype gadgets faster, by using modern technologies and methods such as 3D printing. Now, Nascent Objects CEO Baback Elmieh has announced the acquisition of his company by the giant social media Facebook in a blog post.
Facebook's Building 8 hardware lab is led by Regina Dugan. Mark Zuckerberg recruited earlier this year Dugan, the former head of Google's advanced technologies team, in order to use her experience to help running Facebook's hardware efforts.
On her Facebook page, Dogan said on Monday that by acquiring Nascent Objects the giant media company hopes to create hardware at a faster speed. She explained that, instead of months or even years, Nascent Objects' platform could help Facebook designing, building and delivering a hardware product in just weeks.
According to Business Insider, in recent months, Dugan's Building 8 team has been staffed by Facebook in a top secret, "DARPA-style." Several experiments have been made public, including hardware projects such as the solar-powered drone Aquila that is designed to beam free internet to areas like sub-Saharan Africa.
According to CNet, Facebook is seriously involved in the hardware business now. Among other hardware projects besides building massive Wi-Fi drones, Facebook works on designing virtual reality googles and building data servers.
Facebook's increasing focus into the hardware business is part of CEO Mark Zuckerberg's 10-year plan for the company. Over the next decade the social media company is planning to extend its area of expertise plan in virtual reality, artificial intelligence and internet access, in order to create a more open and connected world.
Facebook's News Feed Is Celebrating Its 10 Years Anniversary
Facebook celebrates 10 years anniversary of its News Feed service.
Facebook Unveils New Hardware Lab Called 'Area 404'
Facebook has built a new "Area 404" hardware lab for Internet drones and Oculus projects.
Facebook Announces Good Second-Quarter Earnings, Stock Goes To Record High
After the company has announced good second-quarter earnings, Facebook stock reaches record high.
Trump Leaves Paris Climate Deal Amid Warnings From Tesla, Apple, Facebook And Google
Donald Trump has been met with disdain by numerous tech leaders and the whole world, for that matter, after his decision to pull the United States out of the Paris Agreement.
Microsoft Research Reveals Prototype AR Glasses And It Looks Like This
The HoloLens is able to track the movements of its user’s head and position. It is also completely wireless and runs on battery power while projecting stereoscopic 3D images to each of the user's eyes.
MORE IN ITECHPOST
List of the Best Resources for Students: Study Anything Online
We live in a world full of new opportunities, and more and more people join the internet community in order to study what they are interested in. If you are willing to become better at topics you study in school, university, or just by yourself.
How Do Personal Emergency Response Systems Work?
Personal emergency response systems, known as PERS for short, are systems that help people to raise the alarm and get immediate help when a medical or personal emergency occurs. They are ideal for older people and anyone with a mobility issue or an injury or illness that can cause falls.
How to Download Free Android Emulator for Gaming on PC?
Are you looking to play Android games on PC with the help of the best Android emulator? There are numerous types of online platform which provide user friendly access and support for the interested communities to get immediate access to install their best recommended Android applications.
Learn About Some of the Most Popular Hobbies
We all need our downtime. It helps us recuperate, calm down and manage stress. However, if you want to use your spare time constructively, it is important to decide on what. You may need to look around for something relaxing to help you forget the worries of the world. From stamp collecting and reading to piano playing and camping, here are some of the most popular hobbies in the world to try.