Get All Access for $5/mo

Facebook Launches Periscope Challenger for iPhone Users Nationwide The move could bolster the 100 million hours of video users already consume daily on Facebook.

By Geoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

endermasali | Shutterstock.com | Enhanced by Entrepreneur

Facebook's livestreaming video feature, Live, is now available to everyone with an iPhone in the U.S. The Periscope-like service launched last August, but was previously only available for public figures and verified Pages.

"We plan to start rolling this out to the rest of the world over the coming weeks," wrote product manager Vadim Lavrusik in a blog post. Android compatibility is also presumably coming soon.

Broadcasters can initiate a stream from their Update Status bars by clicking on a new Live Video icon that will prompt users to write a description of the event. They can also invite fellow Facebookers to come and watch. Streams can last a maximum of 30 minutes.

As streams transpire, broadcasters will be able to see the names of friends who are watching in real time. Viewers can also offer comments or subscribe to be notified when their favorite broadcasters go live again. After broadcasts are completed, says Facebook, they will live on users' Timelines like any other video post.

Given Facebook's growing dominance in the video realm, the rollout of Live could portend a serious threat to fellow streaming platforms such as Periscope and Meerkat. On an earnings call Wednesday, Facebook said that 500 million users now watch 100 million hours of video every day.

Related: Facebook May Have a Ridesharing Service in the Works

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Wells Fargo Reportedly Fired More Than a Dozen Employees for Faking Keyboard Activity

The bank told Bloomberg that it "does not tolerate unethical behavior."

Innovation

The Key to Real Innovation Is Cross-Pollination — Here Are 10 Ways to Implement It in Your Business

Transform your business with this unique approach to sparking innovation.

Business Models

5 Questions to Ask to Make Sure Your Company's Financial Plan Is on Track

Conducting a "check-up" at midyear is essential to maintain a healthy financial plan.

Leadership

7 Ways You Might Be Damaging Your Credibility as an Entrepreneur

Here are seven credibility killers entrepreneurs need to be aware of.

Business Solutions

Why Every Solopreneur Needs to Embrace AI-Powered Teams

With the right approach, solopreneurs can harness AI to drive efficiency, productivity and business growth.

Side Hustle

These Are the 10 Best Online Side Hustles of 2024 to Earn Extra Cash

From teaching to testing artificial intelligence, these side hustles can earn you quick cash from home.