Word around the blogfire is that both News Corp. and Microsoft are working on their own versions of YouTube, one trying derail outbound traffic, the other doing its usual killer app copycatting.
according to Chemin, these killer Web 2.0 apps would be nothing without MySpace. "If you look at virtually any Web 2.0 application, whether its YouTube, whether it's Flicker, whether it's Photobucket or any of the next-generation Web applications, almost all of them are really driven off the back of MySpace," he said. Meanwhile in Redmond, Washington, Microsoft believes its time to enter the ring. What was codenamed "Warhol," the internal beta video upload service will launch under the brand Soapbox on MSN Video - you know, because Warhol was too short. According to
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