Earlier today, YouTube introduced a simple and very easy to use cloud-based video editor for its millions of users. Creating things like mashups couldn’t be more simple thanks to the new system, requiring users only to drag their clips into sequential order, trim each clip to length, and then throw in some music and titles. Like we said, it’s a very simple system that doesn’t offer a whole lot of options. But for the average person who possesses neither the right software or the know how, Yo...

A report in the Dallas Morning news suggests that Blockbuster may be planning to develop a mobile video service. The new streaming media service would be built upon Microsoft’s Live Mesh software platform that allows users to share and synchronize data between multiple devices via an Internet connection. Live Mesh-based services, like Calendar sharing, are already available on Windows PCs with expansion to Mac and Windows Mobile devices expected in the near future. The Blockbuster plan is quite a lofty ...