Facebook wants to takeover YouTube audience

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Mark Melin
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Facebook is making a significant test to push the limits of video with an eye towards Google’s fast-growing YouTube unit. While the company announced testing of new features, the service is already ramping up significant viewership. Facebook video primarily consumed on mobile platforms Facebook currently rivals YouTube by serving up 4 billion videos each day, most of them watched on mobile devices. YouTube has slightly more viewership, the majority of it coming off a computer. But the leading social network wants to take a more significant bite out of YouTube’s estimated $4 billion in revenue per year, testing new features…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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