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YouTube Is King of Online Video

Online video sites have a long way to go if they want to catch up with YouTube. You might say that it has become the Google of online video, even if Google has its own video service. Hitwise says that as of the end of last week, YouTube controlled 43 percent of Internet video traffic, the same percentage Google holds in search queries.

MySpace Searches Down Under, Finds Google

While News Corp.-owned MySpace.com courts major search engines to expand its advertising offerings through search marketing, it is also looking to expand its Australian base to better target its 800,000 Aussie members.

Morpheus Gives Red Pill To eBay

The company behind the Morpheus file sharing software, StreamCast Networks, updated a lawsuit against Skype's founders and added eBay to the list of defendants.