Face.com to be bought by Facebook?

Asked By ceceliadestineyy 40 points N/A Posted on - 05/30/2012

 

Is this confirmed or just a rumor? How does this affect me as a Facebook user and what are the changes that will happen if this is made true?

Thanks!

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Answered By Pascarella Fernax 20 points N/A #142775

Face.com to be bought by Facebook?

Hi Cecelia,

yes the rumor is true, Facebook is buying Face.com.  It is publish in Israel business publication reports in Hebrew.

The offer is 80-100 million dollars. It had been a target of Facebook to buy Face.com before but they are rebuffed because the offer is very low.

The effect on Facebook users is not  very big because we are already using the app for face recognition and tagging.  And beside Facebook have also Instagram  on mobiles. 

Face.com  CEO on the other hand,  shrugged off rumors about Facebook buying. But, the addition of it's facial recognition tech to Facebook user mobiles app is assuring that tagging photos will continue. 

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• Posted on - 06/05/2012
• Question Category: Web