Mark Zuckerberg Bought A German Tech Company That Can Manipulate Videos
Facebook recently bought a startup with proficiency in video manipulation, German media reports. The German-based startup called ‘Fayteq’ has software that is capable of removing or adding objects in videos, even live ones, and add effects to them.
This week, Facebook launched its new initiative for original video, competing with the likes of Netflix and YouTube.
Fayteq is also known for selling plugins to video editors like Adobe After Effects that allowed video editors to track objects in videos, and then add or remove assets with the help of the tracking data.