Facebook may buy facial recognition tech company

Facebook is reportedly interested in buying facial recognition technology company, Face.com

May 29, 2012
facebook logo feature header

Facebook is interested in buying facial recognition technology company, Face.com, according to a report by business publication, Calcalist.

Another report – from Newsgeek – also mentions Facebook’s interest in Face.com, and notes that the social networking giant has reportedly offered between $80 and $100 million for the company.

Face.com rose to fame in 2009 when it released Photo Tagger, a free third-party app for Facebook that uses facial recognition technology to automatically tag photos of people that have been uploaded by Facebook users.

Face.com then released an open API to the public in 2010, which allows developers to incorporate the recognition technology into their apps.

Facebook has expressed a large amount of interest in buying smaller companies over the last two months. After buying Instagram for $1 billion in April 2012, the company has bought start-ups Glancee and Karma, and is reportedly in talks to buy web browser maker, Opera Software.

Read the full story at: Cnet.

Tags: facebook, Instagram, Opera

Free Email Newsletter:
Subscribe

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Do you think South Africa should invest heavily in solar power instead of coal fuelled power stations?

View Results

Loading ... Loading ...

More News

ANC won’t privatise Eskom

ANC

The ANC is not in favour of privatising the country’s power system, despite problems with parastatal Eskom, secretary general Gwede Mantashe said on Monday

Fully charge your smartphone in 30 seconds

Dead battery

An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes

E-tolls give “irreconcilable and inconsistent” information

E-toll gantry

The e-toll gantry information Sanral supplied to an inquest into an accident involving President Jacob Zuma’s son Duduzane was “inconsistent”

South Africa’s 1 million website club grows

Internet websites

The number of websites in South Africa which attract over one million local unique browsers is growing fast

Free MyBroadband Newsletter:
Subscribe
X
bool(true)