To get started, users need to download a piece of software from the Web and install it on their PCs. When they boot up, the software will connect to the Web and open a full-screen window displaying “near high-definition” quality video images.

While the software turns your PC screen into something that looks a lot like your TV, the capabilities go far beyond anything you’ll experience in your den. Jiggle your computer mouse, and a variety of tools appear along the edges of the screen, even as the video continues to play. At the bottom of the screen, there are controls like those on a DVD player, including stop, pause, and fast-forward, as well as a search window to find new videos. An image on the left includes a menu of preset channels. And on the right, there’s a set of interactive tools that let you share video playlists with friends or family. An image at the top of the screen identifies the channel and the name of the clip you’re watching. All of the images can be expanded by clicking on them with a mouse

More at Businessweek.com

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  Venice Project

Constituo, ergo sum. An interesting formulation that may well represent a new rationalism for the digital age. But for the moment, let’s not put Descartes before the horse. Let’s just get the measure of a phenomenon in progress – because Google has recently bet the equivalent of 257 Mervyns stores that the rise of video-sharing is more than just the latest rage. To YouTube’s new owners, “Numa Numa” represents nothing less than cultural, sociological, and economic transformation – including, but not limited to, a reallocation of the $67 billion that advertisers spent on TV in the US last year.

More at Wired.com