After a few months of delays, Yahoo plans to launch its new video service this summer. Like YouTube, the service will allow users to post videos, create their own channels, and embed the Yahoo video player into other sites. Yahoo’s video service is different in its more generous revenue-sharing deals with video creators. Content producers with a Yahoo contract will also have the ability to publish their videos on Yahoo properties including the homepage and Tumblr. Continue reading Yahoo’s New Video Platform Plans to Compete with YouTube

Prominent file-sharing cyberlocker Hotfile has agreed to shut down and pay $80 million in a settlement with the Motion Picture Association of America. The move follows an August decision by a federal judge in Florida who agreed with the MPAA that Hotfile did not qualify for safe harbor protection under the Digital Millenium Copyright Act. The settlement was initiated in order to avoid a jury trial that was scheduled to begin this week. Continue reading Settlement: Hotfile to Pay $80 Million and Cease Operations

Amazon’s Web Services went down on Sunday due to a technical issue at a North Virginia data center. The outage was caused by a problem with a single networking device, and reveals that many companies do not distribute their Web services in different locations for service redundancy. This comes as Amazon is bidding on a CIA contract to manage their data services, and competitors are critical of whether Amazon can manage the demands of government data. Continue reading Amazon Web Services: Outage During Bid for CIA Contract