Facebook Launches Skype-Powered Video Chat & More [VIDEO]

Facebook is set to unveil video chat powered by Skype at its headquarters in Palo Alto, California. What else does the company have up its sleeve, though?

Last week Mashable received an invite to an "awesome" event. It didn't take long for the news to leak that the event would focus around Facebook's long-rumored video chat product. We've learned though that Facebook has a few more announcements and intends to launch at least two more products during today's event.

We're here live at Facebook headquarters to cover all of the news. The company is live streaming the event via Facebook Live and we've embedded the live video above. It should be starting a little past 10:00 a.m. PT (1 p.m. ET).