Facebook acquires German video-editing start-up

Mark Zuckerberg AR F8

The German-based startup Fayteq has software that is able to remove or add objects in videos, even live ones, and add effects to them.

Facebook recently bought a startup with an expertise in video manipulation, Deutsche Startups reported.

A Facebook representative confirmed the acquisition when contacted by Business Insider on Friday, but declined to discuss the terms of the deal. Facebook launched an AR platform for its built-in camera feature in April at this year's F8, with the aim of encouraging developers to build AR experiences for use in Facebook on smartphones, which Mark Zuckerberg has said will be "the first augmented reality platform that becomes mainstream".

Trump tells Calvo he's behind Guam "1000%"
On Wednesday, Mr Trump followed up his "fire and fury" warning with a boast about USA nuclear capabilities. Eddie Baza Calvo, in video of the president's telephone call broadcast on " Anderson Cooper 360 " on CNN.

The company offers "innovative technologies in the area of off-line and real-time video manipulation, removing the border between reality and fiction", described Siegfried Vater, an investor and partner of Fayteq, according to TechEu.

The addition of post-production capabilities to Facebook's stack, reports suggest that Fayteq specializes in both the addition and removal of objects to video content, would further its strategy of enhancing animated content on the network.

Related news:

Hot News

isis-killer-beheading-video-story-top Ayodhya land dispute: Hearing to begin from December 5
Aoû 12, 2017 - 10:21
The court added that time frame fixed by it for completion of the pleadings is final, and no adjournment will be granted. Incidentally, Justice Misra is set to become the Chief Justice of India (CJI) on August 28.

isis-killer-beheading-video-story-top Weekly Research Analysts' Ratings Updates for Whole Foods Market (WFM)
Aoû 12, 2017 - 10:14
TRADEMARK VIOLATION NOTICE: This piece was first posted by Community Financial News and is owned by of Community Financial News. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .

Columbus McKinnon Corporation (NASDAQ:CMCO) Position Raised by Morgan Stanley
Aoû 12, 2017 - 10:07
Finally, ValuEngine cut Columbus McKinnon Corporation from a "buy" rating to a "hold" rating in a report on Tuesday, August 1st. Norges Bank purchased a new position in Columbus McKinnon Corporation during the fourth quarter valued at about $2,823,000.

isis-killer-beheading-video-story-top Mannarino privé de demi par la surprise du tournoi — Montréal
Aoû 12, 2017 - 10:04
Une défaite en trois manches (2-6, 6-3, 6-4) et 2h25 de jeu face au local de 18 ans, tombeur de Rafael Nadal au tour précédent. Pour rappel, il a bénéficié d'une invitation de la part des organisateurs du tournoi.

isis-killer-beheading-video-story-top Tata Steel completes United Kingdom business pension deal
Aoû 12, 2017 - 09:58
Tata Steel recently completed the sale of its 42 and 84-inch pipe mills in Hartlepool to Liberty House Group. The terms of the deal are in line with those outlined by earlier this year.

Wall St opens higher after tepid inflation data
Aoû 12, 2017 - 09:49
Pyongyang said it was examining plans for attacking Guam , a US territory in the Pacific that has a USA military base. They are looking for confirmation that the Fed is sticking with plans for a possible December interest rate hike.

isis-killer-beheading-video-story-top La Caisse de dépôt fait du 5% en six mois
Aoû 12, 2017 - 09:48
Rappelons qu'en 2016, la Caisse de dépôt a réalisé un rendement de 7,6 %, surpassant son indice de référence établi à 5,8 %. La Caisse de dépôt et placement du Québec ( CDPQ ) a dévoilé un rendement de 5% pour le premier semestre de 2017.

isis-killer-beheading-video-story-top (LPL) Rating Lowered to Hold at Zacks Investment Research
Aoû 12, 2017 - 09:26
BidaskClub cut shares of LG Display Co . from a "strong-buy" rating to a " buy" rating in a research note on Saturday, July 1st. World Asset Management Inc's holdings in LG Display Co . were worth $677,000 at the end of the most recent reporting period.

isis-killer-beheading-video-story-top India trying to convert held Kashmir into a Muslim minority state: FO
Aoû 12, 2017 - 09:11
He rejected the accusations and campaign of Afghan media against Pakistan. He termed the killings at the hands of Indian forces as "genocide".

isis-killer-beheading-video-story-top UP MSP's directive on national song, national flag welcomed by BJP
Aoû 12, 2017 - 09:01
The circular also calls for holding cultural programmes based on the theme of national unity, along with sports activities. This is reportedly the first time that they have been asked to organise cultural programmes on Independence Day.

isis-killer-beheading-video-story-top Jaitley: Forces have enough ammo to face any situation
Aoû 12, 2017 - 08:57
Jaitley sought to allay fears of closure of ordnance defence factories, saying all these factories were going to continue and no employee would be retrenched.

isis-killer-beheading-video-story-top " Youssef Chahed pourrait-être le candidat d'Ennahdha à la présidentielle" — Abdellatif Mekki
Aoû 12, 2017 - 08:36
Taboubi et ses lieutenants n'y sont pas allés de main morte dénonçant des déclarations inopportunes, contraires au processus démocratiques et qui sont de nature à troubler l'action du gouvernement.

isis-killer-beheading-video-story-top Mystery planet Nibiru might collide with Earth
Aoû 12, 2017 - 08:34
As his theory goes the solar eclipse of this month would indicate whether this unknown planet would collide with Earth or not. Carlson explained the Nibiru and other stories about wayward planets are an Internet hoax.

Conyers, Dems warn against attack on N. Korea
Aoû 12, 2017 - 08:24
Obviously, the Secretary's comment didn't go down well with Gorka who insisted it was beyond Tillerson's jurisdiction. GORKA: I never said that secretary of state was - that's fake news 101.

isis-killer-beheading-video-story-top Nice, Balotelli et Sneijder absents à Naples ?
Aoû 12, 2017 - 08:07
Le Gym n'a plus perdu 2 rencontres consécutives sur sa pelouse depuis février-mars 2015 (v Monaco & Guingamp). Après la pause, les Niçois ont attaqué le match de la même manière qu'en première période.