10 Big Deals Show Future Of Social AppsSeveral recent acquisitions in the social networking market point to a not-so-distant merger of social and business apps.
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Facebook is rumored to be acquiring like-named Face.com, a facial recognition services provider whose technology Facebook already licenses. Face.com already enables users to, among other things, search for photos of themselves on Facebook and tag photos of others via suggestions powered by Face.com's facial recognition capabilities. The opportunities for integration with Instagram--not to mention the implications for advertising applications--are compelling.
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