Facebook to reduce video streaming quality in Europe

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG2L0MY_L.jpg
© Reuters. FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration© Reuters. FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration

BRUSSELS (Reuters) – Facebook (NASDAQ:) said on Sunday that it would temporarily reduce streaming rates for videos on its platform and also on Instagram in Europe to help alleviate any potential network congestion due to thousands of Europeans working from home due to the coronavirus outbreak.

“We are committed to working with our partners to manage any bandwidth constraints during this period of heavy demand, while also ensuring people are able to remain connected using Facebook apps and services,” a Facebook spokesman said in a statement.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.