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Facebook buying ID-authentication company

Published 01/23/2018, 04:40 PM
© Reuters.  Facebook buying ID-authentication company
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  • Facebook (NASDAQ:FB) is buying Confirm Inc., a specilist in authenticating government-issued IDs, Reuters reports.
  • That comes while Facebook is in the middle of a pre-midterm election push to verify identities of those buying ads on the social network.
  • Terms weren't disclosed. Confirm will wind down and its Boston-based employees will join Facebook there.
  • Previously: Facebook amps up fake-news fight ahead of Italy election (Jan. 19 2018)
  • Now read: Facebook's Growth Showed No Signs Of Slowing


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