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Marketplace Tech Report for Wednesday, June 20, 2012

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It's getting harder to be anonymous online. And Facebook's about to make it more difficult, having announced a deal to acquire Face.com, a facial recognition software company, for between $55 million and $60 million. On a site like Facebook, facial recognition could be used to help spot your friends in pictures, which can be fun. But there could also be a more troubling side to it.

Facebook is spending $60 million to recognize your face

The social giant bets big on facial recognition software, but what is it using that information for?
Posted In: Facebook, facial recognition, privacy, Kindle, Amazon, harry potter