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Facebook’s Instagram Deal Worth $715M; $87M Spent On Other 2012 Acquisitions

David Cohen — Thu, 25 Oct 2012 09:56:44 +0000

Facebook’s $1 billion deal to acquire Instagram was actually a $715 million deal to acquire Instagram, as the social network’s slumping stock price lowered the value of the major component of the deal for the photo-sharing application, Facebook revealed in its 10-Q filing with the Securities and Exchange Commission.

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Lambda Labs Comes To The Rescue Of Developers That Used Face.com Facial-Recognition APIs

David Cohen — Wed, 05 Sep 2012 11:41:19 +0000

The 45,000-plus developers that previously used facial-recognition application-programming interfaces from Face.com and saw those APIs shuttered after the company was acquired by Facebook may have an alternative via startup Lambda Labs.

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Could Facebook Make Waves With Waze?

Julie D. Andrews — Wed, 29 Aug 2012 18:43:49 +0000

Facebook has made quite the flurry of acquisitions lately. Last week, the social network acquired Threadsy. The word on Wednesday is that Facebook could consider purchasing Waze, developer of a well-liked, free, community-based traffic-nav app. Waze has nearly 6,200 users talking about it and the app has garnered 126,000 likes.

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Germany Investigating Facebook’s Facial Recognition, Again

Justin Lafferty — Wed, 15 Aug 2012 13:06:58 +0000

Europeans are growing increasingly suspicious of Facebook’s facial-recognition efforts. Earlier this month, Norway announced that it is looking into the legality of the social network’s technology. Now, Germany is doing the same. Data-protection officials in Germany worry that Facebook is compiling a photo database of users without their consent, so they are reopening their investigation.

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Sen. Al Franken Grills Facebook About Facial Recognition

Justin Lafferty — Wed, 18 Jul 2012 18:42:31 +0000

Not everyone was excited when Facebook acquired facial recognition software company Face.com. Sen. Al Franken (D-Minn.), the radio host-turned-politician, called a hearing Wednesday to discuss issues regarding facial recognition. In particular, he didn’t care for Facebook’s opt-in by default setting and what it means for privacy.

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Facebook Acquisition Face.com Will No Longer Support APIs, Shuts Klik App

David Cohen — Mon, 09 Jul 2012 15:21:19 +0000

Following its acquisition by Facebook last month, Israeli-based facial recognition site Face.com is shuttering its own products, including its application-programming interfaces and Klik iPhone application, to focus on the social network.

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HOW TO: Stop Facebook From Using Facial Recognition To Suggest Tagging You In Photos

David Cohen — Wed, 20 Jun 2012 11:03:21 +0000

Facebook’s acquisition of facial-recognition firm Face.com earlier this week rekindled concerns about the social network’s use of facial-recognition technology, which has come under fire in the past. While the feature cannot be turned off altogether, there are ways to limit its use.

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Facebook Acquires Facial Recognition Site Face.com

Justin Lafferty — Mon, 18 Jun 2012 13:25:40 +0000

As previously rumored, Facebook announced Monday morning that it has acquired Face.com, an Israeli-based facial recognition site. TechCrunch reports that the social network will likely use Face.com’s software to bolster mobile photo tagging.

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Latest Rumored Facebook Acquisition Target: Face.com

David Cohen — Tue, 29 May 2012 11:33:04 +0000

The binge of rumored Facebook acquisition targets is starting to catch up with the binge of actual Facebook acquisitions , and the latest addition to the rumor roster is Face.com.

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Face.com Scans 13 Million Facebook Photos Every Day

Kristen Nicole — Thu, 14 May 2009 12:02:49 +0000

There’s well over 10 billion photos on Facebook, making it the largest photo-sharing site on the web. Now that’s a lot of people tagging each other. Face.com’s Facebook app, called Photo Finder, has taken on the task of tagging every last one of these photos, and a month after launching its beta version, Photo Finder has scanned over 400 million photos, getting through 13 million photos in a single day.
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