Friday, May 25, 2007

In Your Face! Facebook Launches New Video Application to Compete with YouTube & MySpace

In the increasingly competitive online community/social networking wars, Facebook just launched an important salvo against YouTube, MySpace and the others -- it is adding video creation and sharing to the Facebook experience. Check out the New York Times' discussion of other significant changes just implemented by Facebook in its ongoing battle against these titans.

As I have blogged about on several occasions, video is the logical next step to take the social networking/community space to the next level. Facebook is yet another important proof point in that regard.