Facebook pops, Zoom drops on Facebook announcing 'Rooms' video-chat competitor - Business Insider

FILE - In this April 23, 2020 file photo, members of the Vermont House of Representatives convene in a Zoom video conference for its first full parliamentary online session in Montpelier, Vt. Facebook on Friday announced "Messenger Rooms" — a video conferencing platform that allows up to 50 people to join a single room and interact with each other.

The new product offering will be a direct competitor to Zoom Video and Google Hangouts, two products that have seen a surge in demand as more people work from home during the coronavirus pandemic. News of Rooms prompted a swift 12% decline in shares of Zoom, while Facebook shares were up more than 2% in Friday afternoon trading.

Amazon Twitch will have their own version too.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zoom announces new updates to combat Zoombombing - Business InsiderWith new features, like being able to lock meetings and report participants, Zoom hopes to stop racist, homophobic, and anti-Semitic attacks. 'terrorizing'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Zoom reaches 300 million daily users despite privacy issues - Business InsiderZoom has skyrocketed to 300 million daily users, up 50% from the beginning of April, even as the company battles a privacy backlash 👏👏👏 zoom_us Don’t give up! Your software/service is 1000 times better than google meet.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Zoom weddings become couples' choice during coronavirus lockdowns - Business InsiderCouples who have had their weddings cancelled or postponed are getting married over Zoom, and they're finding creative ways to get guests involved. Galatheos there’s always that option too. 🤷🏽‍♀️
Source: BusinessInsider - 🏆 729. / 51 Read more »