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Here's your Daily Crunch. Coming up, Spotify's new Community feature, Meta gets an oversight board review

and layoffs at Netflix continue.

Spotify is developing a new feature called Community that would allow mobile users to see what sort of music their friends are streaming in real time, as well as what

playlists they've recently updated in a dedicated place in the app.

The company today offers a similar friend activity feature on the desktop but had limited users access on mobile devices.

Reached for comment, Spotify confirmed the feature was in the early testing phases

but declined to share more details.

The company's roots as a social music streaming app had helped the company grow in earlier

days by leveraging its Facebook integration to build out its friend graph.

But in later years years Spotify looked more toward

personalization features to give it an advantage over streaming rivals.

Up next, the Advisory Group reviewing Facebook and Instagram's content moderation decisions issued

its first annual report Wednesday, capping off its first year in operation.

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