UPDATED 15:54 EST / JUNE 20 2016

NEWS

Tumblr is set to launch a live video service this week

It seems like everyone in the tech industry is jumping on the live video streaming bandwagon, which already includes major companies like Facebook, Twitter, Amazon, and Google. Now it looks like Yahoo, Inc. wants to be part of the cool crowd too, as its microblog platform Tumblr is set to launch its own live video feature this week.

So far Yahoo has released almost no information on the new video feature or what it means for Tumblr, and the company has said nothing about it aside from the fact that it will be launching Tumblr’s live video on Tuesday, June 21.

Introducing live video to Tumblr could be a smart move for Yahoo, which has been struggling to remain relevant in a world where it has been all but replaced by companies like Google and Facebook. Of course, the real difficulty lies in monetizing its services, and while Tumblr may be popular, it is not exactly making Yahoo much money. For example, in 2014, Tumblr failed to hit its lofty $100 million revenue goal, which was set by Yahoo CEO Marissa Mayer.

It is unclear how much of a demand there is for a live video feature on Tumblr or how exactly it will work, but it seems most likely that the livestreaming will be more like Periscope or Facebook Live and less like YouTube Live or Twitch.

Tumblr currently has a very cryptic streaming schedule posted at livevideo.tumblr.com, which includes descriptions such as “You will learn the metaphysical truth about your Tumblr,” “We will make Things Organized Neatly organize things neatly,” and “We will inflate a very big thing in a very small room.”

There is even one broadcast on the schedule that claims it will show live video from Mars.

Image courtesy of Tumblr

A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.