AOL launches YouTube rival
At last, instead of just complaining about how simple it would be to clone YouTube, someone has actually gone and done it. AOL's launch of its new UnCut Video -- which, like YouTube, is a website for posting and sharing video clips -- drew criticism from Mashable's Pete Cashmore for being "too early" and "seriously lacking in functionality." The Internet-hipster blog BlackRimGlasses calls AOL "late to the party" but predicts that YouTube won't be able to compete with AOL's "marketing muscle." Just one question here: What is AOL (owned, like CNNMoney.com, by Time Warner) going to do when illegal copies of Bugs Bunny cartoons start showing up on the service?
Posted by Owen Thomas 2:28 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.