Facebook Announces Video Calls for Up to 50 People - Zoom Shares Tank [TheStreet.com]
Meta Platforms, Inc. - Class A (FB)
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Source: TheStreet.com
In a video address on Facebook(FBGet ReportZuckerberg focused largely on new features related to video calling and messaging, and among those announcements was the ability to include up to 50 people in a video call.Shares of ZoomZMThe free group video calling feature is dubbed Messenger Rooms and expands the number of users who can participate from 8 to 50 with no time limit.Zoom's free video calling product can hold up to 100 people with a 40-minute time limit, and that number increases to 1,000 people with no time limit for a paid enterprise version.Zuckerberg reiterated that Facebook has seen a spike in demand across its various products, namely video calls and messaging, saying that video calls have increased by a factor of 10 in some areas, and that Portal -- Facebook's video calling device, widely considered a sales disappointment to date -- has seen a 10x increase in demand as well.Along with Messenger Rooms, Zuckerberg also announced a wide range of other new capabilities acro
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