Broadcast live video from your smartphone

Money.cnn.com reports that Mobli, an Israeli company with a $60-million dollar investment from billionaire Carlos Slim, updated their app Thursday to allow users to stream live video from their mobile phone for a large audience of users to watch in real time.

Apple’s FaceTime and Skype have made live video conversations a reality, but Mobli promises that its technology has the potential to let millions of users see exactly what your smartphone lens is seeing.”

Mobli’s CEO and Founder, Moshe Hogeg, hears lots of comparisons of his photo-sharing app to its more famous competitor Instagram, which is owned by Facebook. Hogeg believes the app’s new video-streaming feature will set his company apart from the crowded photo-sharing market.

Read more at http://money.cnn.com/2014/05/15/technology/mobile/mobli/