Joost exits consumer online video business (AP) AP - Struggling online video startup Joost, begun with much fanfare in 2007 by the same people behind Skype and Kazaa, is restructuring its business after discovering that it can't survive on advertising to fund its operations. Shrunken Joost Will Focus on Online Video Platforms (NewsFactor) NewsFactor - Several years ago, when online video was beginning to really catch on, a startup named Joost was among the hottest new sites. On Tuesday, however, Joost announced it will "reorganize and restructure its business," wind down some operations, and focus on providing "white label online video platforms" to media companies. Joost Unplugs Web TV Service, Concentrates on Selling Tech (PC World) PC World - Web video site Joost is restructuring, abandoning its hopes to be a successful ad-supported Web TV provider. Instead it will sell its video-serving technology to other media companies. YouTube Readies Redesign Amid Chorus of Complaints (PC World) PC World - YouTube plans to soon switch all of its members to a redesign of its channel pages that it has been testing for several months, although many people want the Google video-sharing site to give them the option to keep the old layout. Web video site Joost cuts service, jobs, CEO goes (Reuters) Reuters - Joost, an early pioneer in bringing popular TV shows and movies to the Web, is dropping its consumer service, cutting jobs and losing its high-profile chief executive as it struggles to find revenue to survive. `Thriller' viewed 8.5 million times since Thursday (AP)
Online video site Joost restructures, changes CEO (AFP)
Pirates sell commemorative Michael Jackson DVDs in China (AFP)
Google, YouTube Give Citizen Journalists New Tools (PC World) PC World - Google has a firm grip on the news industry. With Google News, its monstrous news aggregator, and examples such as the recent explosion of citizen journalism covering the conflict in Iran, Google is giving traditional print journalism a run for its money. You can save this news page by submitting it to your favorite sites:
All News Lines - Local and World Wide, Updated Hourly
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AFP - Video-sharing site YouTube announced on Wednesday that it was doubling the size limit for uploads to its website to allow users to post more high-definition (HD) video.
AP - People are clamoring to see Michael Jackson's old videos in the wake of his death — especially "Thriller."
AFP - Joost, an online video portal which has failed to live up to the buzz surrounding its launch, announced a management shakeup and layoffs Tuesday and plans to reinvent itself as a technology provider.
AFP - Chinese music pirates have issued a set of Michael Jackson commemorative DVDs less than a week after his death, with the pop star's "Complete 50 Year Record" on sale in Beijing video shops Tuesday.
