Last year, Facebook decided to announce to the world that it's opening a live-streaming feature in your News Feed but it was only available to a few VIP accounts. Now, Facebook has opened to the feature to everybody as long as they have an iPhone.

You can now broadcast your life to your friends and family and this feature is already available for iPhone users in the United States. Don't worry, the world will slowly see this feature with the expansion release in the next few weeks.

A new icon should appear under the status update field. The icon is described as an upper body with a double halo over the head. This is the "Live Video" option. Similar to uploading pictures via the status field, users can add a short description of what the audience will see and then start filming. While live-streaming, you can see the friends and family who are tuned in to your broadcast and they can also comment on the feed.

Once you're done streaming your morning breakfast to the world, the video is automatically saved to your timeline where you have the option to delete it or just let stay there.

While this feature is exclusively open to iPhone users at the moment, the Android version is already in the works. There is no official release date yet for the Android platform. 

This live-streaming move is a strategy employed by Facebook to gain a foothold in the live-streaming industry that is already being dominated by Periscope and Meerkat. Consumers now have the need to update their peers and pepper them with daily updates.

This also means that video is now an important focus for the company where it is reported that Facebook users watch over 100 million hours of videos a day. The next big thing would be if the videos are the ones they themselves create.