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Facebook Live Will Be Future Of Interactive TV


There's even more upside to Facebook (FB - Get Report) as the social media giant continues to develop its Facebook Live offerings.

"It's really hard to compete against this company because what they really are is interactive TV," said Jim Cramer of TheStreet. "When they do Facebook Live, you'll have this thing that we've all wanted."

With Facebook Live, the Internet company will become an even more attractive medium and advertisers will flock to it, he added.

Facebook Live is a feature with live-streaming video capabilities that allows users to connect with each other.

Menlo Park, Calif.-based Facebook posted solid first-quarter earnings Wednesday after the markets closed by crushing Wall Street estimates. It reported $5.38 billion in revenue during the first...