Facebook makes changes to compete with Youtube

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SAN FRANCICO: Facebook is now offering big video creators a revenue split from ads sold alongside their videos beginning this fall, a move which can give Google owned Youtube a run for its money.

It’s the first time Facebook has done any kind of revenue share around video, and the pitch to content creators is pretty transparent: Share your content with us and we’ll share some of the money we make back with you.

The move is a full-on attack against YouTube, which has dominated the digital video market for the better half of a decade.

The change in logo

Facebook’s entry into cyber video business — particularly on smartphones or tablets — came as the social network finetuned its logo to be easier to read on mobile devices.

The changes to the Facebook logo subtle, keeping the widely-recognized lower-case ‘f’ but making the “a” and “b” thinner and more rounded.