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Today in Tech: Facebook facial recognition, Twitter worth $3.7 billion?

December 16, 2010: 8:17 AM ET

A curated selection of the day's most newsworthy tech stories from all over the Web.

The new Tag Suggestions feature, rolling out next week. Photo: Mashable

  • Next week, Facebook, which is on track to reach sales of $2 billion this year, will release a new facial recognition feature called Tag Suggestions that automatically suggests who users should tag in photos. Whenever users choose to tag people in their photos, Tag Suggestions will step in and offer up suggestions about who the friends in the photos are. (Bloomberg and Mashable)
  • Twitter raised $200 million during its latest round of funding, giving it an estimated $3.7 billion valuation. The social network also has two new board members: Flipboard founder Mike McCue and ex-DoubleClick head David Rosenblatt. (AllThingsD) More
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