Facebook is set to launch Live Stream Box, a feature that would enable live video and chat area on Facebook pages. And guess who’s joining hands to make that possible? UStream, as it provides selected Facebook users with the ability to broadcast live video. This had been tested back one month and seeing its popularity, Facebook and UStream decided to capitalize on the growing need. And why wont it? As people spend more time on social networking sites, it’s only a matter of time before such functionality will be made available across all major social networks and the leader will obviously be the early adopter.

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