Facebook to launch its own video service

The world-famous social network Facebook announced yesterday the launch its own video platform called “Watch”. The platform will be similar to YouTube allowing its users to upload their videos and watch exclusive content from Facebook’s partners. “Watch” will collaborate with TV’s biggest players, such as Major League Baseball, National Geographic, NASA, Billboard, which will launch their own shows within the project. At the moment, the service is available only for US users.

Over the past couple weeks, Facebook shares rose by 5% and continue gaining on the news. The trade will be available during American session from 13:40 till 20:00 (GMT).

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