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MySpace will tomorrow launch a video-sharing service to rival YouTube, which Google bought for $1.65bn (£830m) last year.
The News Corp-owned social networking site is launching MySpace TV where users can share and watch video even if they are not signed up to MySpace.
The new service updates MySpace's existing video sharing platform, which is widely considered to be lacking compared with YouTube.
MySpace To Launch Video Sharing Rival to YouTube [telegraph.co.uk]
If myspace offers a search engine down the road google should worry imo. I don't think myspace is a site google can afford to not have their logo on right now. (search box, video credit etc)
It's kind of funny. Youtube is trying to become more like Myspace and Myspace is trying to become more like Youtube.
[edited by: MrSpeed at 6:57 pm (utc) on June 27, 2007]
Hopefully MySpace will be a little more considerate on this issue.