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September 28, 2006 | From Bloomberg News
Yahoo Inc., seeking to challenge the popularity of YouTube.com, said Wednesday that it bought video site Jumpcut.com to add software for sharing and editing clips online. Jumpcut, created by San Francisco-based MiraVida Media Inc., enables users to publish and remix video clips, Sunnyvale, Calif.-based Yahoo said. Terms of the acquisition weren't disclosed. Yahoo, operator of the most-visited U.S.
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BUSINESS
September 28, 2006 | From Bloomberg News
Yahoo Inc., seeking to challenge the popularity of YouTube.com, said Wednesday that it bought video site Jumpcut.com to add software for sharing and editing clips online. Jumpcut, created by San Francisco-based MiraVida Media Inc., enables users to publish and remix video clips, Sunnyvale, Calif.-based Yahoo said. Terms of the acquisition weren't disclosed. Yahoo, operator of the most-visited U.S.
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