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June 3, 2020 08:05 pm

From RealPlayer To Toshiba, Tech Companies Cash in on the Facial Recognition Gold Rush

At least 45 companies now advertise real-time facial recognition. From a report: More than a decade before Spotify, and years before iTunes, there was RealPlayer, the first mainstream solution to playing and streaming media to a PC. Launched in 1995, within five years RealPlayer claimed a staggering 95 million users. [...] RealPlayer is still very much alive. Now called RealNetworks, a vast majority of its revenue still comes from licensing media software. But the company has also begun dabbling in an industry that's suddenly attracting hundreds of firms, most of which operate outside public scrutiny: facial recognition. Through a startup subsidiary called SAFR, RealNetworks now offers facial recognition for everything from K-12 schools to military drones. The company even claims to have launched a surveillance project in Sao Paulo, Brazil that analyzes video from 2,500 cameras. SAFR has also licensed its technology to Wolfcom, a body camera company that is currently building real-time facial recognition into its products. As first reported by OneZero, Wolfcom's push to bring live facial recognition to hundreds of police departments represents the first such effort within the United States. Though RealNetworks' earnings reports say SAFR doesn't generate significant revenue yet, RealPlayer's evolution is part of a trend of both large global tech companies and small upstart firms becoming key players in the sprawling facial recognition industrial complex. Over the last decade, Japanese tech firm NEC grew a burgeoning division focused on biometrics, alongside its 100-year-old hardware business. Toshiba, best known for making PCs, claims to be running more than 1,000 facial recognition projects around the world, including identity verification systems at security checkpoints in Russia and for law enforcement in Southeast Asia. Even software contractor Microfocus, one of a handful of companies keeping the aging COBOL language alive, is working on making facial recognition that can scale to thousands of CCTV cameras. While many of these companies sell facial recognition technology to verify people's identities in an app, an increasing number are investing in a burgeoning subset of the industry: real-time surveillance, or the ability to recognize individuals in live video footage. Such systems are being sold for law enforcement, military, and security purposes. Many of these companies operate in obscurity, and have never been profiled or scrutinized before.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/7xW-vzVLlgo/from-realplayer-to-toshiba-tech-companies-cash-in-on-the-facial-recognition-gold-rush

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