Yahoo's ship may be sinking, but the flagging Web giant has one very cool new trick up its sleeve: Yahoo Live, a new "social broadcasting" video service. Startups like Ustream.tv and Justin.tv offer
similar "lifecasting" services, as the new form is known, but Yahoo is the first major Web company to toy with the new space.
On Tuesday the company announced that it was
launching an internal testing phase for the new service. The notice from Yahoo's intranet Backyard reads as follows: "Yahoo! Live is social TV, where you're the star! Create your own social
broadcasting experience. Start by broadcasting yourself from your Webcam, invite your friends to chat with you, they'll go live with you, and you're all on candid camera! The service is scheduled for
release in early February, but be the first to test it and tell us what you think!"
As an "internal alpha" release, Yahoo Live's test phase will be available to Yahoo
employees only.
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