Thursday, 23 April 2015

Facebook’s Video Service Hits 4billionViewers Per Day


Tech observers say the reason Facebook's video views are increasing at a rapid rate, is that videos play automatically.
Facebook’s  acquisition of Quick Fire Networks, inventors of a processing and trans-coding technology used to reduce the bandwidth needed to watch online videos, seems to have paid.
CEO Mark Zuckerberg said on Wednesday that “Facebook is now serving up more than 4 billion videos to its users daily.”
Tech observers say the reason Facebook's video views are increasing at a rapid rate, is that videos play automatically.
Facebook recently posted revenue for the first quarter of $3.54 billion. Sources say it went up more than 40% from last year.
Facebook COO Sheryl Sand berg, while announcing the first quarter results, chipped in saying: ‘Video is a big opportunity for us.’

SHARE THIS

Author:

0 Comments: