Facebook acquires video compression startup as Twitter nears launch of new video feature

AppAdvice
By Aldrin CalimlimJan 9, 2015, 2:03 am1.1k ptsHot
Facebook has acquired a startup specializing in video compression, while Twitter has reportedly been preparing to launch a new native video feature. As reported by TechCrunch, Facebook has purchased QuickFire Networks, a sort of video equivalent of the music compression startup that is at the center of the HBO…

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