Digging into the latest iOS 4.3 beta build seeded to developers a few hours ago, we found references to two new features related to MobileMe called “Photo Stream” and “Media Stream”. There are several files, folders and code references buried deep into iOS that point to these new features as part of MobileMe and accessible through a device’s Settings.app.
As detailed by the folks over at 9to5mac, who also found out about these new features and went ahead to discover more of the implications of “Photo Stream” and “Media Stream” in iOS, Apple may be working on a serious MobileMe overhaul to offer social networking functionalities that would allow Apple to directly fight Facebook in the future, perhaps with iOS 5, with a social network built into iOS and tied to MobileMe and the Cloud. Read more