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Jun 20, 2012

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…

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Facebook is spending $60 million to recognize your face

Jun 20, 2012
The social giant bets big on facial recognition software, but what is it using that information for?

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.

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