Facebook on Friday announced a slew of new video-calling features including Messenger Rooms, which allows users to host video calls of up to 50 people.
“The new features include Messenger Rooms, which will allow Facebook and Messenger users to create group video calls of up to 50 people. Previously, Messenger video calls were limited to eight people. Between WhatsApp and Messenger, more than 700 million accounts participate in calls every day, said Stan Chudnovsky, vice president of Messenger.”
“Zoom’s share price sank 3.7% from the day prior to about $163 in the minutes following the announcement, after hitting a record high of $181.50 earlier in the day. The move in Facebook’s shares was less dramatic, up 2.4% from the previous day to $189.51.”