Stake in R4bn app sold for a bicycle

05 February 2016 - 03:05
By ©The Daily Telegraph

A British app founded by three Cambridge graduates that predicts the next word you want to write using artificial intelligence has been bought by Microsoft for £174-million (R4-billion) - but one of the three missed out after selling his stake for a bicycle.Chris Hill-Scott, who set the company up with Jon Reynolds and Ben Medlock in 2008, relinquished his share in SwiftKey the same year.

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