Facebook summoned media to its headquarters in Palo Alto, Calif. today for what CEO Mark Zuckerberg said would be an "awesome" product launch.
Zuckerberg, in his customary laid back t-shirt and jeans, prefaced the announcement by saying this announcement marked the beginning of "launching season 2011."
Zuckerberg said Facebook is launching group chat, a new chat design and, as expected, Facebook will now feature video calling.
The announcement comes just as Google launched its own social network called Google+, which emphasized privacy and had features like group chat and video calling built in.
Zuckerberg said Facebook's video chat will work through a partnership with Skype.
The announcement is still happening so we'll update this post.