Facebook has been holding talks with music video service Vevo about moving its content away from...

|By:, SA News Editor

Facebook has been holding talks with music video service Vevo about moving its content away from YouTube (GOOG), CNET reports. Such a partnership could set the stage for a move into the video hosting and ad sales sector, BTIG says, "particulary with Facebook preparing for a large IPO (enabling them to build/fund the mass server farms needed to compete in video streaming)."