Facebook Inc (NASDAQ:FB) just launched an all-out war on Google Inc (NASDAQ:GOOGL) and the search engine giant seems to be undisturbed with its deep slumber. Facebook Inc (NASDAQ:FB) will now allow embeddable videos for its users. This means that websites, publishers and everyone will now be able to upload any Facebook Inc (NASDAQ:FB) video in the websites just by putting a simple embed code. This is a huge step in the video business. Google Inc (NASDAQ:GOOGL) is currently the giant in video and ads business with its AdSense and Youtube, but Facebook is taking things by storm.
An article on Business Insider said that Google Inc (NASDAQ:GOOGL) is failing badly to keep up the competition. Facebook Inc (NASDAQ:FB) is beating the search engine company at its home turf. Google Inc (NASDAQ:GOOGL) launched its social media platform Google Plus and failed badly. It is facing tough competition in the video business because it does not have a stream like Facebook Inc (NASDAQ:FB) has. People love to sift through Facebook feeds and find news, videos, comics, images at one place. Facebook is cashing this streaming edge and giving everything in its feeds and crafting an ecosystem out of its advantage. It’s just a matter of time when Facebook Inc (NASDAQ:FB) videos will be the primary video platform instead of Google Inc (NASDAQ:GOOGL)’s Youtube.
The source said that Facebook Inc (NASDAQ:FB) is tapping into areas that are a reality and can bring billions to the company in no time; like WhatsApp, Messengers, Instagram, mobile ads and video ads. Google Inc (NASDAQ:GOOGL) on the other hand is eyeing for things that have no future on the ground, at least for the short term, like Robots and cars.
Ken Griffin holds 4.58 million shares worth $307.87 million of Facebook Inc. (NASDAQ:FB).
Suggested Articles:
Most Popular TED talks in 2014
