Biz Break: YouTube adds mobile live-streaming feature

Top Of The Order:  

Live From YouTube Now: Watching live events on YouTube is nothing new. The Google-owned video site has live-streamed events for five years now. Just a few weeks ago, YouTube added the capability to do 360-degree live streaming when it debuted the feature at the Coachella music festival.

But, mobile is where things are at now. Twitter jumped on that bandwagon a little more than a year ago when it bought and launched the Periscope live-streaming app, and saw it play a prominent role this week on the literal House floor. Facebook has made no secret of its desire to make its Facebook Live video-streaming platform one of the key components of the social-media giant’s growth efforts.

So, it figures that YouTube would want a piece of the mobile live-streaming action. As such, YouTube has launched a live-streaming capability as part of its mobile app. YouTube is touting the simplicity of use of the technology by saying a person will only have to tap a “capture” button on the YouTube app screen to start live-streaming video. The live-streaming feature is being launched initially with YouTube videocasters such as The Young Turks and Alex Wassabi and will be soon be made available on a wider basis.

It should come as no surprise that YouTube thinks it has something better than what its competitors have had on the market for months. In announcing the mobile live-streaming feature, YouTube cited its “peerless infrastructure” as why “it’ll be faster and more reliable than anything else out there.”

Middle Innings: 

Something For Everyone, Sort Of: The International Trade Commission came down with a split decision in a patent dispute between Arista Networks and networking industry kingpin Cisco Systems, giving each side a partial victory in the case.

Cisco may have had an axe to grind in the case, as Arista is led by some former Cisco executives. The case stemmed from Cisco Systems accusing Arista of violating four patents and copyrights related to technologies such as how to write commands necessary to program Cisco’s equipment. In the end, the ITC said Arista didn’t violate two Cisco patents, but the group issued a cease-and-desist order regarding two more patents in question.

Some Good EU News: Well, Friday was dominated by world reaction to the U.K.’s historic vote to leave the European Union. But, that didn’t mean the EU couldn’t chalk one up in the win column anyway.

That “win” came in the form of the EU and the U.S. reaching an agreement that makes some changes to the EU-U.S. Privacy Shield data-transfer pact. The agreement calls for implementation of more stringent rules for companies that have information on EU citizens, and upon U.S. surveillance efforts. A final vote on the agreement by the EU member nations is expected in July.

Bottom Of The Lineup:

Here’s a look at how some leading Silicon Valley stocks did Friday…

Movin’ On Up: Uh…Well, thanks to the market reaction to the Brexit vote, let’s just skip this one today.

In The Red: You name it, and it lost ground today. Among the day’s decliners were…

Apple, down 2.8 percent to close at $93.40.

Facebook, which fell 2.6 percent to finish at $112.08.

Netflix, which gave up 3.5 percent to end the day at $88.44.

Alphabet, down 4.2 percent to close at $685.20.

Salesforce, off by 4.6 percent to end the day at $78.46.

Cisco Systems, down 5 percent to close at $27.75

The tech-focused Nasdaq Composite Index gave up 4.1 percent to finish the week at 4,707.

The blue chip Dow Jones Industrial Average fell 3.4 percent to close at 17,400.

And the broad-based Standard & Poor’s 500 Index shed 3.6 percent to end the day at 2,037.

Quote Of The Day: “I do not think it would be right for me to try to be the captain that steers the country to its next destination.” — U.K. Prime Minister David Cameron, who said he will resign in the wake of his country voting to leave the EU.

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Photo: YouTube logo. (Bay Area News Group archives)

 

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