financetom
Business
financetom
/
Business
/
Facebook building Clubhouse-like audio chat product: Report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Facebook building Clubhouse-like audio chat product: Report
Feb 10, 2021 11:13 PM

Facebook Inc is building a new audio chat product similar to audio-based social network Clubhouse, the New York Times reported on Wednesday, citing people familiar with the matter. Clubhouse, launched in early 2020, saw explosive growth in user numbers earlier this month after Tesla Inc CEO Elon Musk and Robinhood CEO Vlad Tenev held a surprise discussion on the platform.

Share Market Live

NSE

The exclusive app is currently only available on Apple Inc’s iOS store and has seen a surge in usage since the onset of the COVID-19 pandemic.

Facebook’s audio chat project is still in the early stages of development, according to the New York Times.

The move will allow Facebook, which already has messaging app Whatsapp and photosharing platform Instagram, to expand into a new form of communication. The social media company did not immediately respond to Reuters’ request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Bunker Hill Mining Drops 23% as Reports Delay, Higher Costs for Mine Restart in Idaho
Update: Bunker Hill Mining Drops 23% as Reports Delay, Higher Costs for Mine Restart in Idaho
Dec 13, 2024
12:12 PM EST, 12/13/2024 (MT Newswires) -- (Updates shares.) Bunker Hill Mining ( BHLL ) on Friday reported delays and increased costs related to the restart of the Bunker Hill mine in Idaho. The company said following a strategic review the restart will be delayed by up to four months and is now expected to commence second quarter of 2025....
Broadcom Poised for Strong Growth Over Next 3 Years Amid 'Surging' AI Opportunity, BofA Says
Broadcom Poised for Strong Growth Over Next 3 Years Amid 'Surging' AI Opportunity, BofA Says
Dec 13, 2024
12:14 PM EST, 12/13/2024 (MT Newswires) -- Broadcom ( AVGO ) is expected to see strong growth over the next three years amid surging artificial intelligence opportunity and the addition of two new major customers, BofA Securities said in a note e-mailed Friday. Late Thursday, the chipmaker logged stronger-than-expected fiscal fourth-quarter earnings, while its revenue fell short of Wall Street's...
Local unions call on Kroger's board to replace CEO after $7.5 billion buyback plan
Local unions call on Kroger's board to replace CEO after $7.5 billion buyback plan
Dec 13, 2024
Dec 13 (Reuters) - United Food and Commercial Workers local unions on Friday urged Kroger's ( KR ) board to replace CEO Rodney McMullen following the company's announcement of a $7.5 billion stock buyback plan after terminating a deal to buy Albertsons ( ACI ). The UFCW local unions that led the Stop the Merger coalition argued that the abrupt...
Rambus Insider Sold Shares Worth $314,854, According to a Recent SEC Filing
Rambus Insider Sold Shares Worth $314,854, According to a Recent SEC Filing
Dec 13, 2024
12:10 PM EST, 12/13/2024 (MT Newswires) -- Meera Rao, Director, on December 12, 2024, sold 5,408 shares in Rambus ( RMBS ) for $314,854. Following the Form 4 filing with the SEC, Rao has control over a total of 29,090 shares of the company, with 29,090 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/917273/000091727324000111/xslF345X05/wk-form4_1734109602.xml Price: 57.53, Change: -0.57, Percent Change: -0.98 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved