Facebook buys Boston software company that authenticates IDs


  • TECH
  • Wednesday, 24 Jan 2018

A Facebook logo is seen at the Facebook Gather conference in Brussels, Belgium January 23, 2018. REUTERS/Yves Herman

NEW YORK/SAN FRANCISCO: Facebook Inc is buying a software firm that specialises in authenticating government-issued identification cards, the two companies said on Jan 23, a step that may help the social media company learn more about the people who buy ads on its network. 

US lawmakers have expressed alarm at Facebook's limited ability to know who is buying advertisements, including election-related ads, on the world's largest social network. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Disney, Warner Bros to offer streaming bundle of Disney+, Hulu and Max
Ascension warns of suspected cyberattack; clinical operations disrupted
Mexico's Megacable, Nokia announce successful data transmission test in connectivity plan
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
Arm's annual revenue forecast fails to impress investors; shares tumble
Bumble beats first-quarter revenue estimates, shares surge
Microsoft to shut Africa development centre in Nigeria
Music streaming firms urge European Commission to reject Apple's proposal in App Store case
Nigeria rejects Binance CEO's bribery claim as 'diversionary tactic'
Legislative roadmap for AI is coming in weeks, Schumer says

Others Also Read