Wednesday, May 31, 2006

Yahoo takes on Google with user generated video service

Yahoo is taking on Google and start-up YouTube with a service that allows users to upload and share their videos.

Yahoo Video, which will apparently maunch tomorrow (ooh, this could almost be a scoop!), will compete directly with Google Video but will initially earn revenues only from ads placed on its pages.

We'll update tomorrow - but ad based online video is the future. Finally!

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