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Facebook is now launching an app which will help people in making collaborative videos with friends. Soon after twitter launched Periscope; its video streaming app, Facebook has also announced that it will not lag behind. This new app is named riff and is available for android and iOS platforms.
Sony, take the popularity of its PlayStation gaming consoles to the next level by launching a cloud based TV streaming service called PlayStation Vue. Sony has over 20 million PS4 console and 80 million PS3 users and wants to exploit this reach through its subscription based TV service Vue.
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