Facebook Acquires Finnish Mobile Data Startup Pryte To Help Bring Affordable Internet Access To All
Facebook has acquired a Finnish startup called Pryte, a yet-to-launch company that enables single-click mobile data purchases on a “need-to and per app basis”. Founded in 2013, Pryte’s technology was geared towards developing markets, where mobile data may be less accessible or affordable. So in effect, a user could buy a short-term pass to check out Instagram or Facebook. As Reuters notes, terms of the deal have not been disclosed, though Pryte has revealed that it will be working to further the Facebook-backed Internet.org’s goal of “making affordable internet access available to everyone in the world”. Pryte’s full announcement is...
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