Microsoft to launch video service to rival YouTube

SEATTLE (Reuters) – Microsoft Corp. will start testing on Tuesday an Internet video-sharing service called Soapbox, the software company’s answer to Web sensation YouTube.

Soapbox (http://soapbox.msn.com) is one facet of Microsoft’s strategy to create attractive Internet content to lure away billions of Web advertising dollars from market leaders Google Inc. and Yahoo Inc. (Nasdaq:YHOOnews).
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