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YouTube Co-Founders Debut Video App to Challenge Instagram, Vine

Posted by Sheila Shayon on August 8, 2013 02:58 PM

Not so fast, Instagram and Vine. There's a new video app in town, and it's from the hands of the video masters—Chad Hurley and Steve Chen, the founders of YouTube. 

MixBit is a video creation app that lets users combine videos—their own and those made by other users. The app is the first major project from Avos Systems, the startup co-founded by Hurley and Chen two years ago, which is partially funded by Google, Innovation Works, Madrone Capital and New Enterprise Associates. 

Users can film a 16-second clip, and then combine it with up to 256 clips into an hour-long video, all shareable on Twitter, Facebook, Google+ and the MixBit website.Continue reading...

web watch

IPO Looming, "All Grown Up" Yelp Looks to Boost Ad Revenues

Posted by Sheila Shayon on February 20, 2012 11:01 AM

Yelp, the user-generated review website, quietly launched seven years ago with a cartoon-like logo designed by YouTube co-founder Chad Hurley.

Now known for its distinctive 'burst' logo and spanning the globe, it plans to raise as much as $100 million in an IPO on the New York Stock Exchange on March 2nd.Continue reading...

search and destroy

Google Forces YouTube Account Linking

Posted by Abe Sauer on January 10, 2011 08:45 PM

When Google bought YouTube in 2006 for $1.65 billion, there was a lot of speculation as to how the search brand would leverage its new popular, if volatile, property. Would Google be named as part of copyright suits?

By 2008, YouTube's developing ad endeavors translated to $200 million in revenue. By 2010, the video portal was live-streaming athletic events and serving around 2 billion videos a day. It was, for all practical purposes, the world's most popular on-demand TV network — and the second biggest search engine on the planet, after its parent. In October, YouTube co-founder Chad Hurley stepped down as CEO to recast himself as a Silicon Valley haberdasher, and one of Google's earliest employees, Salar Kamangar, assumed the top spot.

Now, it looks like Google is making another move to bring the YouTube brand further under the Google umbrella — and just like Facebook's new default profile page, it's irking users who don't want to connect all the dots.Continue reading...

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