Facebook soon with a music streaming service?
This week Mark Zuckerberg, CEO of Facebook announced that Facebook is working on something truly awesome and a lot of tech analysts predicted that this project could be related to music streaming services, especially since Facebook has recently partnered with Spotify. But this turned out not to be so, at least not at this particular moment.
What Facebook revealed was a new video calling feature, based on their partnership with Skype which was in turn bought by Microsoft recently. But when one coder recently downloaded the code for this, he discovered there is an option inside it, called Vibes. So it seems that Facebook still has some intentions and plans towards music sharing services, but now it is not sure will this service come in partnership with Spotify or in some other way.
When you start Vibes, it immediately tries to connect and opens an music download dialog box, so this will most probably be the base for the upcoming music streaming offer from Facebook.
Facebook currently serves more than 750 million users worldwide and is the absolute leader in social networking at this moment, although Twitter is not far behind. Also Google + is a potentially huge social network which is currently a hot topic but still in its infancy stage.
With such large number of active users Facebook could harness potentially a huge and lucrative market with their music streaming services, which is an area still not dominated by Apple, Google or any other of the big players.
When Mark Zuckerberg introduced the Skype Facebook integration, he said that this is only the beginning and that many new announcements will be made soon. This means that we will probably have an interesting season ahead, at least regarding new services coming from Facebook. Now lets sit down and wait what will other big players do and how exactly will Apple and Google respond to this challenge!
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