Facebook sees huge potential for it to grow in video. But YouTube, the reigning king of video, is keen to stay at the top of the heap.
Against that backdrop, YouTube on Tuesday said it will soon let users start live-streaming from their phones, offering new competition to Facebook Live and Twitter's Periscope. The new YouTube service was promised in June but still hasn't arrived.
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YouTube v Facebook: Dawn of live mobile streaming (The 3:59, Ep. 175)