Facebook Testing Its Own Virtual Assistant For Messenger, "Moneypenny"

Tech website theinformation.com recently revealed that social media giant Facebook Inc FB is testing a virtual assistant feature for mobile devices called "Moneypenny".

Michael Learmonth, Editor of tech, media and culture at International Business Times, was on CNBC Tuesday to shed more light on this.

Voice Service Is A Must Have

"Well it's a great name and codenames tend to have a habit of sort of becoming real names when they become products," Learmonth began. " I think that voce services are kind of a must have for any kind of web consumer giant like Facebook. Facebook is trying to make Messenger a really rich standalone product, they have got video calling and payments. So, I think, they are testing this out and, I think, it sounds interesting."

Another Attempt In Social Search

Learmonth was asked what Facebook needs to do to make its virtual assistant better than those that already exist. He replied, "Facebook has dabbled in social search where your network actually helps you do things. It has never really materialized. But this sounds like another attempt in that area, you have got obviously Apple Inc. AAPL's Siri, Microsoft Corporation MSFT's Cortana which is going to be built into Windows 10 which is coming out this summer."

"Amazon.com, Inc. AMZN has Amazon Echo, which is a personal assistant in your kitchen. I think, it's a very rich area and, I think, Facebook wants its own angle which is how can your network help you do things," Learmonth concluded.