Hindustan Times (East UP)

FB to launch social audio products

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MENLO PARK: Facebook Inc. will soon announce a suite of new audio products, including its own take on Clubhouse, as well as a push into podcasts aided by Spotify Technology S.A., Recode reported, citing people familiar with the matter it didn’t identify.

Some products won’t be available until later this spring, Recode said. The plan includes an audio-only version of Messenger Rooms, the video chat feature Facebook introduced last year to compete with Zoom Video Communicat­ions Inc.

Facebook will also add a Clubhouse-like product that allows users to talk on a virtual stage, and a feature that lets users post voice messages on their newsfeeds. Furthermor­e, it will launch a podcast discovery product in connection with Spotify, Recode said.

The plans come just as Clubhouse closed a Series C funding round led by Andreessen Horowitz. Bloomberg News reported earlier that the round would value the one-year-old startup at about $4 billion, quadruple the estimate from January.

Multiple social media giants are working to create their own versions of the popular Clubhouse product. Twitter Inc. introduced one called Spaces. Microsoft Corp.’s LinkedIn and Slack Technologi­es Inc. have also said they’re working on similar features for their networks.

Mark Zuckerberg, Facebook’s chief executive officer, appeared live during a Clubhouse discussion this year, and the company ordered multiple teams to research audio-related chat products that could rival Clubhouse, people have said.

 ?? REUTERS ?? Facebook chairman and CEO Mark Zuckerberg.
REUTERS Facebook chairman and CEO Mark Zuckerberg.

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