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Facebook rumored to buy facial recognition startup, Face.com

After several acquisitions, social media giant, Facebook could acquire facial recognition company, face.com, but all reports from Israel are unsubstantiated in the states so far.

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Facebook’s first acquisition since going public

Israeli business news site, Calcalist1 is reporting that Facebook is in talks with Face.com to purchase their facial recognition technology for what NewsGeek2 says could be for $80 to $100 million dollars. Although the acquisition is not confirmed by any officials in either company, most are considering it a strong possibility.

TheNextWeb3 said, “From what we heard, negotiations between the two companies have been held a number of times over the years, but Face.com has so far rebuffed offers because of the ‘low’ price Facebook was willing to pay. We’ll see if this deal ever gets inked.”

Face.com describes their company as “helping people find photos, using our home grown best-in-breed facial recognition technologies,” adding that the first deployment of their technology is their “Photo Finder” app for Facebook “which scans public photos in your social network and suggests tags for untagged faces.” They have also recently launched a mobile facial recognition app for iOS called “KLIK,” and has a public API.

The company was founded in 2007 by co-founders Eden Shochat, Gil Hirsch, and Yaniv Taigman, and has offices in New York City and Tel Aviv. In 2009, Face.com saw $1M in Series A funding, and another $4.3M in their 2010 Series B round, funded by Rhodium and Yandex.

In 2012, Facebook has acquired Sendoid (file transfer tool), Gazehawk (eye tracking tool for webcams), Instagram (photo app for $1B), Tagtile (loyalty purchas app), and Glancee (finds friends in common), which could potentially make Face.com the social network’s first acquisition since they went public.

Neither company has confirmed the potential acquisition, but after the holiday weekend, we suspect an announcement will be made in short order.

UPDATE: TechCrunch sources say the deal is not speculation, it is definitely real, and the two companies are currently in talks regarding acquisition.

UPDATE June 18, 2012: Face.com CEO confirms the acquisition.

1 Calcalist (story in Hebrew. Tip: open story in Google Chrome browser which will ask you if you want to translate.)
2 NewsGeek (also in Hebrew)
3 The Next Web

Marti Trewe reports on business and technology news, chasing his passion for helping entrepreneurs and small businesses to stay well informed in the fast paced 140-character world. Marti rarely sleeps and thrives on reader news tips, especially about startups and big moves in leadership.

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1 Comment

  1. Roland Estrada

    May 29, 2012 at 1:40 am

    It probably doesn’t mean anything, Some of their purchases have tended to be defensive as much as strategic. Apple and Google have had facial recognition for their photo editing apps for a few years. Even after Apple already had facial recognition in iPhoto, they bought a similar company by the name of Polar Rose back in 2010. Facebook is likely looking to acquire engineers and any patents the company might have.  

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Social Media

European court busts Facebook for illegally tracking people

(SOCIAL MEDIA) Facebook is in hot water again for how they track non-users (and many were unaware they ever did).

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Facebook has been collecting data from both users and non-users across the internet, and Europeans are not having it.

A Belgian court has ruled that Facebook violates privacy laws by using technologies like cookies, plug-ins, and pixels, to track internet users’ browsing behaviors on up to 10,000 websites, whether or not users even have a Facebook account. A similar ruling was handed down by a German court just last week.

The legal battle began in 2015 when the Belgian Privacy Commission brought a civil suit against Facebook, who attempted to argue, unsuccessfully, that because their European headquarters is in Ireland, they are outside of the jurisdiction of Belgian law.

Nonetheless, the Belgian court is charging Facebook fines of €250,000 per day, up to €100 million, or 124,000 million U.S. dollars, if they fail to comply. The court has ordered FB to cease tracking Belgian internet users and to destroy the data they’ve already collected.

What’s Facebook’s excuse for non-consensually gathering so much data? As usual, they try to sell users on giving up their privacy for a more “relevant” ad experience. But we all know this is just a coded way of saying that they do it for the advertisers.

Facebook also claims that this data gathering is consensual and that users have the option to opt out. “We require any business that uses our technologies to provide clear notice to end-users, and we give people the right to opt-out of having data collected on sites and apps off Facebook being used for ads,” says Richard Allen, Facebook’s vice president for public policy in Europe.

However, the court, and Belgian privacy watchdog groups, say that many of Facebook’s tracking mechanisms are invisible to the user, and that privacy controls are preset to opt-in, with opt-out options difficult to find. The Belgian court also says that Facebook isn’t being clear enough about how the data they’re collecting is being used.

Facebook plans to appeal the ruling, and the case could very well end up in the CJEU, Europe’s supreme court. The social media giant will probably have an increasingly difficult time getting away with tracking practices after the EU passes new rules, known as the General Data Protection Regulation, in May.

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Can you legally monitor your employees’ online activities? Kinda

(SOCIAL MEDIA) Are they ways you are monitoring your employees online even legal? Did you know there are illegal methods? Yep.

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legality of monitoring employees online

Edward Snowden’s infamous info leak in 2013 brought to light the scope of surveillance measures, raising questions about legality of monitoring tactics. However, the breach also opened up broader discussion on best practices for protecting sensitive data.

No company wants to end up with a data breach situation on their hands, but businesses need to be careful when implementing monitoring systems to prevent data loss.

Monitoring your employee’s activity online can be a crucial part of safeguarding proprietary data. However, many legal risks are present when implementing data loss prevention (DLP) methods.

DLP tools like keystroke logging, natural language processing, and network traffic monitoring are all subject to federal and state privacy laws. Before putting any DLP solutions in place, companies need to assess privacy impact and legal risks.

First, identify your monitoring needs. Different laws apply to tracking data in transit versus data at rest. Data in transit is any data moving through a network, like sending an email. The Electronic Communications Privacy Act (ECPA) requires consent for tracking any data in transit.

Data at rest is anything relatively immobile, like information stored in a database or archives. Collecting data at rest can fall under the Stored Communications Act (SCA), which typically prohibits unauthorized access or disclosure of electronic communications.

While the SCA does not usually prevent employers from accessing their own systems, monitoring things like Gmail accounts could get messy without proper authorization.

Who you’re tracking matters as well regarding consent and prior notification. If you’re just monitoring your own employees, you may run into disclosure issues. Some states, like Delaware and Connecticut, prohibit employee monitoring without prior notice.

The ECPA also generally prohibits tracking electronic communication, but exceptions are granted for legitimate business purposes so long as consent is obtained.

Monitoring third party communications can get tricky with wiretapping laws. In California and Illinois, all parties must be notified of any tracking. This can involve disclosures on email signatures from outbound employee emails, or a broad notification on the company’s site.

Implied consent comes from third parties continuing communication even with disclaimers present.

If you’re wanting to install DLP software on personal devices used for work, like a company cellphone, you could face a series of fines for not gaining authorization. Incorrect implementation may fall under spyware and computer crime laws.

With any DLP tools and data monitoring, notification and consent are crucial. When planning monitoring, first assess what your privacy needs are, then identify potential risks of implementing any tracking programs.

Define who, where, and why DLP software will apply, and make sure every employee understands the need for tracking. Include consent in employee onboarding, and keep employees updated with changes to your monitoring tactics.

Protecting your company’s data is important, but make sure you’re not unintentionally bending privacy laws with your data loss prevention methods. Regularly check up on your approaches to make sure everything is in compliance with monitoring laws.

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What you need to know about Facebook’s collaborative stories

(SOCIAL MEDIA) Facebook now allows Groups and Events to craft collaborative stories – here’s what you need to know.

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If you’re like me, you’ve never posted a story on Facebook. Many of you probably don’t even realize that Facebook got in the story game last year in an effort to compete with Snapchat and (sort of, maybe?) Instagram (even though they own it). Facebook is doing its best to change that by creating a more robust story experience that they hope will expand the networking possibilities of the already abundantly popular site.

Stories on Facebook seemed like a bit of a headscratcher at first, it seems like everyone has had enough story experience between their Snapchat and Instagram accounts, but according to Facebook, they plan on surpassing Snapchat’s capabilities by adding a number of features to boost usage.

Users of Facebook Groups and Events can now contribute to a Facebook story exclusive to the group’s members and can be controlled by admins. Their idea is that this could add excitement and momentum for social meetups, weddings, or parties. These collaborative stories will function similar to a hashtag, only it will be accessible only by those involved in the event or group.

While Snapchat has a group feature, you have to add members like a group chat, where Facebook’s idea gives the story feature a more open-ended scope that reaches a large amount of people where exclusivity is optional, rather than the purpose. Facebook is enabling groups based on hobbies, professions, locations, and ideologies to create their own niche content where you can go to blow off some steam or connect with people who love the same things you do.

Just think, you’ve always wanted to post a video into the Riverdale Facebook page arguing over Archie’s real age, now you can rant away without typing a word! Rather than spar with words, you can pontificate about Game of Thrones theories with all the gusto you can muster, emotions and all!

What was once lost in text will be lost no more.

Facebook will be giving page admins ultimate control over what gets posted or not, similar to how a page’s News Feed currently works. To encourage posting, Facebook has moved a bubble to the top of every event page for easy access.

Proving that they are serious about the future of collaborative stories, Facebook is working on integrating stories across the app instead of just throwing it in as a half-hearted extra for you to roll your eyes at. With Stories’ new abilities, users will be able to hit different groups and encourage sharing opportunities unavailable to Snapchat users. Rather than just liking or sharing a post you like, you’ll be able to share your opinion on the spot. Whether or not that’s a good thing is yet to be seen (troll on trollers!).

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