What are you thinking?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

Facebook has been on a shopping spree of late. It has acquired a number of start-ups in the recent days and we are still to see what is Mark Zuckerberg doing with all these purchases. While he has previously announced his ambitions to focus on the mobile platform, we are yet to see any solid steps towards it, except of course the Facebook Camera app that was recently announced.


Now, it is being reported that Facebook may be planning of buying yet more. This time, it is an Israeli company, Face.com, which has a claim to fame with its facial-recognition technology. The deal, which is said to be under negotiations as of now, is expected to close somewhere between $80 million and $100 million.

It does make sense that Facebook wants to acquire this company. Face.com released Photo Tagger back in 2009 which would automatically tag one’s friends on Facebook based on face recognition of the people in a photo. Such a ¬†technology, naturally, is of immense importance to the social network.

Eventually in 2010, Face.com even released an API which was for free so that developers could incorporate its face-recognition technology in their apps online. According to the rumors, Facebook tried to bag the company even back then but due to its low offerings, the deal could not be finalized.

Now, with an expected deal to close at $80 million, it wouldn’t fare bad for either of the two companies. Facebook could eventually couple the technology with its Facebook Camera app to further its photo-sharing services.

Source: Calcalist

Courtesy: CNET

Buy Cheapest Related Product From Amazon.com


Nokia Sensing X Challenge Aims To Revolutionize Digital Healthcare

Samsung Says 4G Galaxy Tab And Apple’s 3G iPad 2 Are Not Competitors
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On May 29, 2012(2 years, 5 months ago.)

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

Do you know that you can turn a shoe box into a phone projector? Don't believe this? See for yourself inside.
Apple has published a new guide detailing how Android users will be able to switch their contents from Android to iPhone.
The trick will let you to check your Facebook messages in the original app without downloading Messenger and it works with both iPhone or Android phone.
Want to block all disgusting ads from your android device? Read the tutorial to know how you can block ads on your Android and save data.
Want to repair your memory card? It's very easy to fix corrupted or damaged memory card. In fact you can fix it by yourself.
Are you the one who is frustrated because of the speed of your Android device? No worries, the article will help you increase the speed of that device.
Lately, Google has updated its Google Docs. Now users can crop, rotate, and add borders to images in a document without leaving Google Docs.
Adobe CS products are not free, but the good news is you can now download Photoshop CS2 & all other CS2 product completely free and it's absolutely legal.
At the beginning level, many people don't know how to use Gmail properly. For them, a here's a helpful guideline.
Skype now allows you to call directly from your Outlook account. Find the step-by-step installation process from this tutorial.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook