According to CNET.com,Facebook intends to acquire the premium domain name Face.com for $80 million to $100 million. Face.com is a facial-recognition technology company.

"The technology made a splash in 2009 when it released Photo Tagger, a free third-party application for Facebook that uses facial recognition technology to automatically tag photos of people, as well as a recognition-based alert service for Facebook. In 2010, Face.com released an open API to the public that allows third-party developers to incorporate the technology in their apps," according to CNET .

According to whois records the domain name owner is Vizi Labs Inc.Neither Facebook,nor Vizi Labs had confirmed or denied the rumor .

It's possible Facebook to acquire Face.com,considering that the company hasn't had much trouble spending money.Facebook acquired the photo-sharing application Instagram in April for $1 billion .

About Eranet
Todaynic.com International Limited(Eranet.com) was incorporated in Hong Kong in 2005, directly under Todaynic.com, Inc. which was established in 2000. As one of the first ICANN (The Internet Corporation for Assigned Names and Numbers), Verisign, HKDNR, and CNNIC (The China Internet Network Information Center) accredited registrars, Eranet is also a leading provider of services in domain name registration and web hosting.

 

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