UPDATE: Sorry everyone ... it turns out Facebook decided not to make the live feed available. We can relay the news that they're launching a new search feature based on their social graph.
Just what is the big Facebook announcement about today? Will they finally launch a Facebook Music offering to compete with Spotify and the rest of the streaming music sites? Will it be the Facebook phone? Or maybe you're holding out for the Facebook video streaming and messenger platform. Whatever rumor anyone chooses to believe in, it's almost assured that it will be none of these. Remember what Facebook is about: private data of its users and the selling of that to advertisers, and the infamous Facebook Social Graph. Since they're a mobile company now, it's likely that the Facebook announcement will have something to do with this.
Check out more music videos on the Spacelab Media Player.