Facebook (Nasdaq: FB) Buys Wit.ai in First Acquisition of 2015

Facebook (Nasdaq: FB) announced its first acquisition of the year today (Tuesday): voice recognition startup Wit.ai. According to Wit.ai, its technology can “turn speech and text into actionable data.” Facebook did not disclose the amount it paid for Wit.ai, nor its future plans for using the technology. The post Facebook (Nasdaq: FB) Buys Wit.ai in First Acquisition of 2015 appeared first on Money Morning - Only the News You Can Profit From .