Google working on launching YouTube video products

Search engien giant Google is expected to soon launch some new products powered by their YouTube service.

The company added that they are considering expanding their partnership with rival Yahoo as they both aim to stay ahead of Microsoft.

Google CEO Eric Schmidt said in a statemnt that they are working hard on developing ways to generate revenues from their video sharing service YouTube.

He spoke about working with Yahoo: “We view the test as successful. That’s a good basis to talk to Yahoo some more.”

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