February 29 - 11:30am EST   Google's popular video hosting site, YouTube, will support live streaming by the end of 2008, according to one of the site's originators. Co-founder and chief technology officer Steve Chen disclosed the information at a recent party in New York City, insisting that "We'll do it this year." The news is significant in that despite the dominance of YouTube, it has been beaten to the availability of streaming by sites such as Ustream and Justin.tv. YouTube may thus need live technology to retain market control. [full story]

February 8 - 9:35am EST   Yahoo this morning took steps to up-end Google with Y! Live. The first service of its kind from a major web company, the feature aims to bring the same live recording seen from more focused sites such as Justin.tv or Ustream. Users can link a webcam or any other connected camera to the site and host live performances viewable from any Mac or PC with Adobe's Flash installed; show hosts can also interact with as many as four other primary guests as well as a much larger number of live chatters. [full story]