PetaPixel

Facebook Focusing on Improved Facial Tagging, Acquires Face.com For $50M+

It seems like every month another company is acquired by Facebook; be it Instagram, Lightbox or now Face.com, it’s clear that Facebook is looking to make some serious improvements on the photo side of things, and we certainly won’t complain about that. Face.com’s facial recognition IP has been very well-received so it’s no surprise the people over at Zuckerberg Corp Facebook have decided to snatch up the Israeli-based startup before anybody else does.

No specifics have come down the wire as of yet — even the unconfirmed sale-price has ranged from $50M to $100M and back — but the blog post announcing the deal over on Face.com seems to hint at, or at least hope for, an exciting future for both their talent and technology at FacebookHQ. And everybody familiar with the self-proclaimed “largest and most accurate face recognition platform” is probably excited as well.

(via Engadget via Face)


 
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  • Alan Dove

     Next acquisition: book.com.

  • Knur

    Julian Assange about facebook:
    “Here we have the world’s most comprehensive database about people, their
    relationships, their names, their addresses, their locations, their
    communications with each other, their relatives, all sitting within the
    United States, all accessible to U.S. intelligence. “

  • Mark

    Deleted my personal account years ago, now use FB as a “vCard” only when prospective clients claim that the only way they will look me up is through the service. Am I the only one that feels that the social media frenzy is reaching critical mass? I am seeing a lot of people who reflect on the sheer lack of real life interaction and want to go back to basics. Facebook–like Google and so many before it–promised a clean and minimal utilitarian service without a sea of ads or gotchas. I’m all for virtual communities, but like a real community, I expect to be able to shut my front door and enjoy privacy and peace.

  • http://zapit.nu/2Am Gloria Hairston

    all sitting within the United States, all accessible to U.S. intelligence. http://DemoforFrank.blogspot.com

  • http://twitter.com/RW_Conspirator Daniel Ballard

    My favorite social network is called RBN for Red Blooded Network. It’s all about people I actually see and talk to face to face. Maybe I should call it Facelife. 

  • http://twitter.com/intensitystudio Antonio Carrasco

    DISLIKE facial recognition software

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