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Facebook (NASDAQ:FB) to launch latest versions of video chat devices

  • Facebook's (NASDAQ:FB) Messenger, WhatsApp, and Instagram have a combined user base of about three billion people.

Facebook’s vice president of AR/VR, Andrew Bosworth, said in an interview that the company is expected to unveil newer versions of its Portal video chatting devices this autumn. Although Bosworth did not delve into the details, he said that the devices were mainly designed for calls and didn’t have the ability to record. The new video chat devices come at a time when Facebook is shifting towards private messaging by encrypting conversations on more of its messaging services.