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Facebook's acquisition of Wit.Ai is a smarter move than acquiring Oculus.

Added almost 2 years ago | As appeared first on seekingalpha.com
* Facebook's acquisition of Wit.Ai is a good sign that the company is diversifying outside advertising. * Wit.Ai is a voice recognition specialist start-up that allows humans to interact better with the Internet of Things devices that have small displays or none at all. * I appreciate that Facebook is making cheap acquisitions and is no longer paying billions of dollars to acquire a single company. Facebook (NASDAQ:) investors should be happy with the company's recent acquisition of Wit...
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