Facebook grabs Face.com (no surprise) but anonymity and privacy may now officially be outmoded.
Reports on the price vary (TechCrunch says $55-$60 million in cash and stock), but concerns about privacy are growing. The San Francisco Chronicle reports that your unique "faceprint" is already on a digital server somewhere in the world, and the new Face.com acquisition by Facebook may aid authoritarian governments identify dissidents.
Like other settings on Facebook, facial recognition is turned on by default. According to CNN, Face's software for mobile users is faster to use than the Facebook app, leading to more accurate identity tagging. Add in the Instagram acquisition, that 300 million or so photos are uploaded each day to Facebook, that the majority of those are from phones, and the value of Face becomes more clear. But privacy issues become more murky.
Sounds cool and creepy at the same time.
...55mil for a domain...