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Tuesday, June 12, 2007
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Nokia Invests in Video Web-site
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Kyte.tv, a start-up Web site for sharing pictures and video, said on Tuesday it received funding from the investment arm of Nokia.
Kyte.tv, which aims to extend video sharing to cell
phones, did not disclose the size of the investment, but
its co-founder hoped the deal would lead to a
distribution agreement with the world's biggest mobile
phone maker.
Since www.kyte.tv launched five weeks ago, about 4,500
collections of video and photos, or channels, have been
posted.
The channels can be embedded on social network sites
such as MySpace.com, and viewers looking at the same
channel can hold text chats using an instant messaging
feature.
Slide.com runs a similar service that lets consumers
create slideshows that can also be embedded on social
network sites. |
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