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Facebook to make Clubhouse-style social audio push on Monday

  Facebook is allegedly preparing to announce a number of new products under the title of Social Audio on Monday, launches that could see it take on Clubhouse as well as working with Spotify to improve podcast recommendations. Facebook is believed to be getting ready to reveal a selection of products that will have the common theme of audio. The announcements, expected to take place on Monday, will extend some of the existing features of the social network and its apps, as well as introduce some completely new elements. Vox, Facebook will launch an update to its videoconferencing-based Rooms feature to add an audio-only option. The decision was apparently spurned on by the adoption of Zoom and other group-calling services, and may give an alternative for users tired of using their webcam for online meetings.

Facebook Latest Announcements: Facebook to announce new audio products on Monday: Report

We ll soon meet in your inbox. Please wait. Facebook will also launch a product allowing its users to record brief voice messages and post them in their newsfeeds, and a podcast discovery product that will be connected with Spotify, according to the report, which cited sources. The announcements are expected to be made on Monday but some products will not show up for a while. A Facebook spokeswoman declined to comment. Spotify did not immediately respond to a request for comment on Sunday. Facebook started public testing of a new application dubbed Hotline earlier this month, where creators can speak and take live questions from an audience.

Cred Army

Cred Army SUBSCRIBE We ll soon meet in your inbox. / Daily Top 5 Good evening, It s raining unicorns in India with two startups Meesho and Cred entering the coveted club in as many days. Also in today s letter: Clubhouse s monetisation play Cred is India s newest startup unicorn Two-year-old Cred has become one of India s youngest startup unicorns by landing $215 million in new funds. The round was led by new investor Falcon Edge and existing investor Coatue Management. Valuation jump: Cred s valuation has jumped to $2.2 billion from $800 million just three months ago, when it raised $81 million in its Series C round.

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