Facebook Buys Companies That Own Live Video Editing Technology

This article examines Facebook Buys Companies That Own Live Video Editing Technology. It presents the main facts, practical implications, and key points in a clearer, easier-to-follow format.

Understanding Facebook Buys Companies That Own Live Video Editing Technology

Fake news is a big problem on Facebook, and we can get more information in the form of videos.

According to Deutsche Startups, Facebook has just acquired a German startup - Fayteq, a company specializing in creating video editing tools. The company's software is capable of removing or adding objects in the video, even live streaming videos, and adding effects to them.

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According to TechEu, Siegfried Vater, investor and partner of Fayteq said: the company provides "advanced technologies in the field of offline and real-time video editing, eliminating the boundary between reality and theory".

Facebook confirmed this acquisition in an email sent to Mashable, but the spokesperson declined to provide further details about what the company will bring to Facebook.

Fayteq fits Facebook's focus on video and augmented reality. CEO Mark Zuckerberg gave a presentation on a mixed real world at F8, Facebook's annual developer conference in April.

"We will turn the camera into the first augmented reality platform" as Zuckerberg's slogan for the event.

And here again:

Facebook also participated in the "battle" in the television segment this week when it introduced a new online TV channel - Watch, which could compete with other companies like Netflix and Hulu. It is expected that the first show of this channel will be released at the end of August.

• Facebook is ready to confront YouTube with its brand new Watch, video service.