What Is Facebook's Latest Update To Legacy App?


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  • Facebook Inc (NASDAQ:FB) plans to introduce voice and video calls within its main app, Reuters reports. The feature will enable users to place calls without opening its standalone Messenger app.
  • Facebook had spun out Messenger from its legacy app years ago.
  • Facebook has been trying to bundle messaging across its suite of apps to help Instagram and Messenger users find, message, and hold video calls without downloading both apps. It plans to bundle in WhatsApp too.
  • Facebook just launched end-to-end encryption for voice and video calls on Messenger joining Facebook's WhatsApp and Messenger services. 
  • Facebook's latest move on remote working poses serious competition for Zoom Video Communications Inc (NASDAQ:ZM), Microsoft Corp (NASDAQ:MSFT).
  • On a related note, the U.S. Federal Trade Commission recently refiled its antitrust case against Facebook to unwind the acquisitions of Instagram and WhatsApp on anticompetitive grounds.
  • Price Action: FB shares traded lower by 0.17% at $362.75 premarket on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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