Facebook Inc (FB) Hoping to Hook Users with this New Feature

As Facebook Inc (NASDAQ:FB) continues to look for new ways to engage users, the company will continue to roll out fresh features.

Enter the new shared photo album feature.

With this, multiple users can add photos into a single spot. As noted by Mashable, the creator of the album can share access to up to 50 contributors, each with the ability to share up to 200 photos.

Even more interesting is the fact that the creators can allow contributors to invite others, or maintain control over all invitations.

A Big Hit for Facebook Inc (NASDAQ:FB)?

Only time will tell if this feature is a big hit for Facebook or one that falls flat. However, it appears to bring a lot to the table – especially for those who are worried about privacy.

The social networking giant has added three privacy settings, including: public, friends of contributors, and contributors only.

Bob Baldwin, Facebook software engineer, along with Fred Zhao, are the two guys in charge of this project.

Baldwin had a simple way of explaining why the feature is so important:

“Right now, if you were at a party and there were three different albums created, you might not be able to see all the photos [based on privacy settings], which is kind of confusing and frustrating.”

If you are a big Facebook Inc (NASDAQ:FB) user, it is safe to assume that you have already thought up a few ways to use the new feature at some point in the near future. There is no denying the fact that this will be wildly popular for group events ranging from weddings to vacations to reunions among others.

Coming Soon?

You may have to curb your enthusiasm for the time being. Facebook has plans to release the new feature to a small group of users at first (starting yesterday), and then expand into all English users. At that point, the international audience will come next.

Although this new Facebook Inc (NASDAQ:FB) feature sounds cool enough right now, the duo in charge have plans to make some changes along the way. For example, the limit of 200 photos per user could be lifted or increased in the future.

How do you plan on using this feature? Is it something you have been thinking about for a long time? Share your thoughts in the comment section below. Also, let us know which additional upgrades you would like Facebook to add. To see what hedge funds are invested in Facebook, check out the stock’s profile page, or the individual equity portfolios of managers like Patrick Mccormack and Leon Cooperman.

Also, check out this video on the company’s future: