This looks interesting. But as I read,  it looks like primarily a push technology;  emphasis seems to be on celebrity videos and Facebook announcements.  Reminds me of Jarvis’ Schminternet post,  since I see nothing about uploads,  which fits my “push” characterization.  

I must admit that the first thing I thought about whenI saw this annoucement is Facetime,  which hooks people up in a fashion akin to Skype,  but piggy-backing on the vast user base of Facebook.   Oh well.  I wonder how much Facebook will involve  itself in “Schminternet” enterprises.  It’

Today at 3 PM PST (6 EST), Facebook will unveil its new official live video streaming channel, Facebook Live.

Facebook Launching Official Live Streaming Channel: Facebook Live