Continuing its real time content push, Facebook acquires SportStream Providing Real time content to users has become a need of hour for social networks today. In a recent move by Facebook, it seems like the company now wants more users talking about sports on its network than Twitter.
Facebook announced today, that it has acquired SportStream, a San Francisco-based startup that aims to better surface and aggregates all the public-facing content and updates in a personalized social feed for sports fans.
The acquisition supports a string of moves designed to make Facebook more like Twitter, such as linking it to what’s happening in the world right now. With this acquisition, Facebook may also be planning to compete against Twitter, by positioning itself as a source of real time information for all major sports events.
Moreover, Facebook VP Justin Osofsky wrote in his blog post that gives a similar sense. He wrote “Every day, people come to Facebook to connect with one another about what’s going on in the world around them. And we are committed to making this experience better and easier…If there is something interesting going on, people are talking about it on Facebook. From favorite television shows to breaking news, these conversations are happening on Facebook.”
SportStream’s San Francisco-based staff will move to Facebook’s Menlo Park headquarters and will continue work with the existing partner for now, as mentioned by CEO Bob Morgan in a statement. Terms of the deal were not revealed.
To contact author, email at email@example.comCategory Investments News