Posted September 24, 2012, 7:30 AM by Lee Kaelin | Filed in The Web
The Irish Data Protection Commissioner announced the results of the latest audit into Facebook (PDF) Friday, revealing that the social network intends to delete its facial recognition data and stop using the technology in Europe next month as it works…
Facebook acquired facial recognition technology company Face.com last month in a deal that was rumored to be valued around $100 million. The social network is already making headway with the new purchase by closing some of the key products from…
Posted June 18, 2012, 5:00 PM by Shawn Knight | Filed in Industry News
Facebook has acquired facial recognition technology company Face.com for an undisclosed amount of money. Such a deal was rumored to be in the works last month for around $100 million, making Face.com the first post-IPO acquisition by the social networking…
Posted May 30, 2012, 8:00 AM by Shawn Knight | Filed in The Web
Several sources are claiming that Face.com will be the first acquisition for Facebook in the post-IPO world. The buying price is said to be solid at $100 million and a deal is already well underway, according to TechCrunch.
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