(UPDATE 3) Watch Facebook's F8 Conference today here live at 10AM PT / 1PM ET today. The details of Facebook Music will fianlly be announced and Hypebot's Clyde Smith will be watching with you here and commenting via Twitter and in the comments section below.  A more detailed music announcement begins at 3:30PM ET/12:30PM PT. We also want to here from you.  What do you think of the new Facebook Music?  (Hit refresh to see what others are saying.)  WATCH F8 LIVE HERE:

Transforming Industries: The Future Of Digital Music

3:30 EDT