At an event today in Manhattan, Yahoo announced a new app called Livetext, available tomorrow in the i Tunes store.
Yahoo describes the app as "live video texting," essentially a combination of self-facing live video and chat.
It's still unclear how Yahoo plans to make money off of Livetext, but for now, the focus seems to be on building a strong user base.
"We want to start by finding that audience," said Yahoo VP Adam Cahan.
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