1.25 Billion People Are Now Viewing Facebook Watch Each Month

Facebook (NASDAQ: FB) announced today that Watch -- its video-streaming platform -- has attracted a host of new viewers, with 1.25 billion users watching content on it each month. To give that number context, it's about 46% of the 2.7 billion users that log into Facebook each month. The platform, which offers a mixture of sports, live content, cooking shows, children's programming, and user-generated videos, has been working to build an audience on par with that of Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) YouTube.