I wrote about Riya previously, expressing a bit of skepticism about the technology. I should temper that by saying that I've never used it, and the most I've heard about it are some cursory micro-reviews, but my skepticism is based on the history of facial- and scene- recognition technology, and the barriers this product has supposedly overcome: Facial recognition, like character and voice recognition, has to be accurate enough that it is more beneficial than detrimental (e.g. nuisance false positives, and detrimental false negatives), and historically the latter is far more prevalent. Sure we'll get there, but it's just surprizing that a company could go from the primitive stage that we're at today to such an advanced stage, all in just one step.

Anyways, today I happened to look at my keywords to see that there has been an explosion of Riya postings - Google, or so the story goes, has put a $40 or $60 million dollar offer to buy Riya. If you follow the blogs around you'll discover the big circular authority that is prevalent in these sorts of "blog scoops", with A attributing his source to B, but B hilariously points to A as the authority. Remarkable stuff. Like the technology itself, it could very well be true...but I certainly would take it with a mountain-sized grain of salt.

Indeed, if Riya is as capable as we've been told, I'd say that $60 million would be grossly undervaluing the IP - This would make a photo service stand head, shoulders, and torso above its competition, and I'd be looking for a number more like $400-$500 million. Seriously.