Invention of the year

Video sharing site YouTube looks set to expand from the web onto mobile phones, with speculation that a deal with telecoms firm Verizon is close to agreement.

According to the Wall Street Journal, "advanced" talks are taking place between the companies to bring YouTube's videos to mobile phones and TV.

Under the new deal, YouTube videos could become available as part of an on-demand TV service it plans to launch in the US, while Verizon's mobile customers will be able to view YouTube content through the V Cast service.

This partnership could move both Verizon and YouTube into new markets and is yet another example of the increasing convergence between telecoms and the internet.

Full article: The Register