Facebook acquires Israeli Face.com

Facebook acquires Israeli Face.com


The social networking doesn't take a break. After paying $10m to charity to settle a lawsuit and launching Facebook's App Center, the site decided to buy Face.com, an Israeli startup specialising in facial recognition technology.

Facebook Inc is paying $55 million to $60 million for this new purchase, which provides software that allows users to identify and tag photos of their friends. The software scans photos Facebook members upload, and suggests friends they may wish to tag w...


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