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Apple’s new iPhone 4 features 720p HD recording, a built-in LED spotlight and the ability to edit videos on the spot through a dedicated iPhone version of iMovie. All of those features should make Cisco pretty nervous as they make the company’s Flip camcorder look outdated. Read more »

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Netflix is rolling out a free iPhone app, the company’s CEO Reed Hastings announced during Apple’s WWDC keynote event today. The new app will offer access to the entire Netflix VOD catalog via instant queue and search and also offer streaming through AT&T’s 3G network. Read more »

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Comments on YouTube can be pretty rowdy at times. Good thing that YouTube publishers now have a new tool at their disposal to surface good contributions, guide the discussion and even get some interesting feedback on their own work, thanks to YouTube’s integration of Google Moderator. Read more »

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Ever wondered how live streaming companies can possibly make any money? Well, how about this for a clue: Ustream announced its new Global Production Services division today, offering offers professional streaming services for concerts, conferences and other events. Live streaming a gig costs $20,000 a night. Read more »

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The season finale of Lost yesterday was seen by 13.5 million viewers in the U.S., plus millions more around the globe through an unprecedented simulcast aimed at preventing P2P piracy. Pundits may think that’s weak, since earlier episodes of had up to 20 million people viewers, […] Read more »

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Los Angeles-based District Court judge Stephen Wilson issued a permanent injunction against the torrent indexing site Isohunt.com and its owner Garry Fung yesterday, giving Fung pretty much no choice but to shut down Isohunt or make it otherwise inaccessible for U.S.-based file sharers. Read more »

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Google used the NBA, Sesame Street and House to show off capabilities of its new Google TV platform, emphasizing how well upcoming devices will work with existing broadcast programming. Dan Gillmor however believes that Google TV will also be a big boost for niche microchannels. Read more »

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Logitech’s CEO Jerry Quindlen doesn’t think that consumers are sick of buying new boxes for the living room. In fact, he believes that the Google TV-powered set-top box his company is introducing this fall will lead to consumers buying even more hardware. Read more »

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Cloud encoding service provider Zencoder wants to support VP8 as soon as absolutely possible, and the company is excited about Google’s plans to open source the video codec at this week’s Google i/O developer conference in San Francisco. However, don’t count H.264 out just yet. Read more »

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Best Buy customers can start downloading movies straight to their LG Blu-ray player soon, thanks to a new download service launched by the retailer later this month. The service will be called CinemaNow – a name that brings back memories for digital media insiders. Read more »

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This week’s Google i/O developer conference has been sold out since early March, but the keynotes will be available to everyone through a live stream hosted on YouTube. Expect Google to open source VP8, announce its Google TV platform, dance tango with Intel and more. Read more »

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Thought Google’s upcoming Androind-based Google TV platform was just about advertising? Think again: TV apps are estimated to generate nearly $1.9 billion in revenue by 2015, according to a new report from our friends at GigaOm Pro titled TV Apps: Evolution from Novelty to Mainstream. Read more »

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Watch out, Justin.tv and Ustream: BitTorrent inventor Bram Cohen is working on a new P2P protocol, and it’s all about live streaming. BitTorrent Inc. announced the new protocol for the first time this week, and it could release a first implementation as early as this summer. Read more »

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The Nazis fled Germany at the end of World War II, thanks to a secret space travel program, and settled on the moon. 70 years later, they’re ready to come back. That’s the premise of the collaboratively produced movie Iron Sky. Click through for first footage. Read more »

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Thailand’s government is cracking down on opposition protests in Bangkok, leaving protesters wounded and dead. Opposition groups are using the Internet do get the word out, but live streaming sites like Livestream.com and Justin.tv can’t be accessed from within the country due to censorship. Read more »

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NewTeeVee relaunched last night as part of the GigaOM network-wide redesign that started in November of 2009. It’s the second redesign since NewTeeVee started more than three years ago, and it’s our most ambitious one yet. Read more »

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Motor sport fans can soon watch races live from the Nürburgring on their computer, thanks to a new broadband network dubbed Speed2 that is going to be launched by Fox this June. Speed2 is tied to Fox’s Speed cable channel and will initially only be available […] Read more »

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