‘Facebook builds app that allows users to share videos in which they playback’

Facebook is building an app that will allow users to share videos where they are lip-syncing or dancing. That writes Techcrunch. With the app, Facebook wants to make a competitor for TikTok, which was previously called Musically.

The team that created Facebook Watch is working on the new app, Techcrunch writes. The app, which does not yet have a name but is codenamed Lasso, is separate from the Facebook app and makes it possible to playback or dance to well-known songs and record it. The largest app that does that is TikTok, which was called Musically before a takeover by a Chinese company. That app has sixty million monthly users, mostly young people.

Facebook’s app is possible because the social network has made deals with all the major record companies for music licensing, allowing the company to use a lot of new music in such an app. Facebook previously used the license to let users add music to Instagram Stories. It is unknown if and when the playback app should appear.

Music in Instagram Stories