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Excerpt from our One-Page Annotated News Summary:

Web Video Search Site Blinkx Signs Microsoft Pact (New York Times)

Summary: Video search site Blinkx is announcing a deal with Microsoft (NASDAQ:MSFT) which will use Blinkx technology for searches on MSN sites and Live.com. Blinkx already powers video search on AOL, ITN, Lycos and Times Online, and indexes video from BBC, Reuters, MTV and Fox among others. The company has already indexed 6 million hours of audio and video, and is slated to be the biggest video search engine on the Web. Microsoft intends to pay Blinkx a licensing fee based on the number of visitors who use the search engine. Blinkx has been an innovator in using voice recognition and contextual analysis to locate images and recordings.
Related links: Full article • Blinkx websiteThe Beginning of Online Video's Long S-Shaped Curve Towards Innovation and MonetizationLycos targets video search with Blinkx partnershipSearch providers seek video, find challenges
Potentially impacted stocks and ETFs: Google (NASDAQ:GOOG), Yahoo! (NASDAQ:YHOO)

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Source: Blinkx Video Search and Microsoft: A Picture Perfect Deal