Facebook Just Debuted a Livestreaming Feature to Compete With Periscope and Meerkat

Massive user base could give it a leg up

The livestreaming video space is heating up, and Facebook wants in on the trend.

Today, the social network began rolling out Facebook Live Video, which had been only available to celebrities in recent months and now takes on Twitter-owned Periscope, Meerkat and AOL's Kanvas.

Facebook said the mobile feature lets people broadcast and share their whereabouts in real time. Once someone finishes a stream, a copy of the video is uploaded to the user's profile. Facebook Live Video is initially available to a small group of users with eventual plans to expand it to all users. 

The move shows just how big mobile livestreaming has become in the past year.

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