Joost Does The Right Thing: Killing Desktop Version; Focusing On In-Browser

Joost, the once-hyped online video startup which was a non-starter with a desktop-only client, is now killing it, Om reports. It will go browser only, and will release a small plugin that would embed itself in the browser and allow you to grab files using the P2P technologies that was the underlying technology for its high-res video service. Even a plugin will be an inhibiting factor in the takeup of the service.

But is it too late for the company? It recently expanded into China with its monitory investor Tom. We are hearing from sources that the firm has closed its new round of funding in the last couple of months, though there has been skepticism about the firm