Apr 7, 2017

1 in 5 Facebook videos are Live

Joerg Koch/AP

1 in 5 Facebook videos are now Live, according to Facebook video product lead Fidji Simo. Additionally, Simo says the daily watch time for Facebook Live broadcasts has grown by more than 4x over the past year.

Why it matters:

  • Revenue: Mark Zuckerberg has been warning investors for months that Facebook advertising revenue was expected to "come down meaningfully" as the company grapples with the fact that they can't add more display ad units to the newsfeed without it becoming overly saturated. With little room left to grow Facebook's display ad business, the next logical way for Facebook to make money is through video advertising. Earlier this year, Facebook announced it was testing mid roll ads for Live videos with select publishers. The success of Live means Facebook could make up for display advertising losses with Live video ads.
  • Content partnerships: Facebook's Live success could help them court more content partners for live video. So far they've won the MLB live streaming partnership but lost the coveted NFL streaming partnership earlier this week to Amazon.

Go deeper

Why the coronavirus pandemic is hitting minorities harder

Illustration: Aïda Amer/Axios. Photo: Mark Makela/Getty Images

The coronavirus’ disproportionate impact on black and Latino communities has become a defining part of the pandemic.

The big picture: That's a result of myriad longstanding inequities within the health care system and the American economy.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 6,804,044 — Total deaths: 362,678 — Total recoveries — 2,788,806Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 1,909,077 — Total deaths: 109,497 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: Some people are drinking and inhaling cleaning products in attempt to fight coronavirus, CDC says Fauci: "Very concerned" about spread of virus amid George Floyd protests — Cities offer free testing for protesters.
  4. Tech: The pandemic is accelerating next-generation disease diagnostics — Robotics looks to copy software-as-a-service model as use of robots accelerates.
  5. Business: Sports, film production in California to resume June 12 after 3-month hiatus.
  6. Education: Students and teachers flunked remote learning.

In photos: George Floyd's North Carolina memorial service

The remains of George Floyd are brought into Cape Fear Conference B Church. Photo: Ed Clemente/POOL/AFP via Getty Images

Hundreds gathered in Raeford, North Carolina to honor George Floyd, whose death in Minneapolis nearly two weeks ago has sparked nationwide protests against police brutality.

The state of play: This is the second memorial for Floyd. A number of his family members remain in Raeford, including his sister. He was born in Fayetteville, North Carolina, The News and Observer reports.