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Sony to Launch Video-Sharing Network engine
Sony said on Thursday it will launch a video-sharing site in Japan on Friday, marking the electronics and entertainment firm's first step towards challenging Google's YouTube service.
News Corp. and NBC Universal said last month they would also launch a free online video site this year, as traditional media firms scramble to keep up with video sharing.
Sony also hopes to introduce its service, called eyeVio, abroad, but said it first wanted to gauge the reception at home before drawing up an overseas launch schedule.
Sony to Launch Video-Sharing Network [ uk.reuters.com]