Facebook seems to be all geared up to make an entry in the new market of video streaming. The social media major, which has WhatsApp and Oculus in his team, is already conducting tests on drones. And now, it is said to bring AIR TV episodes starting from August.
As per a report, Mark Zuckerberg-headed firm is already requesting its video business associates to give their first episodes of spotlight series. Most of the media associates are claimed to have previously finished short form of videos. Facebook is also claimed to be supporting TV-style full-fledged shows, which might arrive on the website later this year. There might also be handful of “original programs” that could be showed in a different form in a new video feed dissimilar to the conventional Facebook News Feed segment.
The report further adds that the firm has employed ex media and TV executives to take care of the specific section. This data was given by sources having a deep knowledge of the matter to the media in an interview.
Facebook Inc. earlier this month projected to build homes on its own in Silicon Valley of California, owing to the shortfall of houses. This will be for the first time that the company plans to build 1,500 homes close to its headquarters.
The development of Alphabet Inc’s Google, Facebook, and various other tech firms has stressed neighborhoods in the area of San Francisco Bay that were not ready for an arrival of hundreds of thousands of employees during the last 10 Years. Tech firms have reacted with steps such as Internet-integrated buses for workers with long travels. Facebook has proposed minimum $10,000 in incentives to employees who move nearer to their workplaces.
With construction plan of the Facebook, the firm claimed that it needed to spend in Menlo Park, which is located roughly 45 miles to the south of San Francisco where the company shifted way back in 2011. The firm claimed that it needs to create a village that will also contain 125,000 square feet of retail space and 1.75 Million square feet of office area.
Looks like Facebook has started creating its existence in all sectors.