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BitTorrent is working hard to become a good boy and, even more, the savior of the media industry applying its wide-spread technology and client for legal purposes.

Since last February, BitTorrent has been reaching agreements with major media companies like Fox, Paramount, MGM and Warner Bros. for legal delivery of their contents. Now, BitTorrent has just launched a new service called Delivery Network Accelerator (DNA) which is intended to speed up downloading and streaming video content extending the open BitTorrent protocol into a managed platform for commercial-grade content delivery.

Particularly interesting and innovative is the streaming side of this service as it is supposed to help the industry in developing band-width efficient TV over the Internet services providing P2P cost-savings in delivering richer content. The first one is already online, Brightcove is using BitTorrent DNA technology for streaming video content in a P2P way.

Using this technology it is now easier for any industry player to build up TV services to compete with Joost or Babelgum as as cost-effectiveness competitive advantage has been made available for all of them taking advantage of the over 150 million of clients already downloaded from the very first moment. What comes next? Time will tell.

In late 2005 eBay acquired Skype, the number one internet-calling company, for $2.6 billion. Today Skype’s price is half that one.

Yesterday, eBay confirmed that it overpaid for Skype showing once more that value never is equal to price. About half billion of the charge were to pay Niklas Zennström and Janus Friis, Skype’s founders, and other early Skype’s investors. Although it looks like big money, they could have earnt up to $1.7 billion if Skype would have met targets for users.

At the same time, eBay announced that Zennström and Friis will leave the company but while the former is leaving CEO post for a nonexecutive chairman post in board of directors, the latter will no longer play a role in the company. This situation leave both them more time to spend on Joost!

Microsoft’s top technical executive, Ray Ozzie, has recently said that Google success in finding in advertising revenue “was a wake-up call within Microsoft”. But he said Microsoft plans to do more than simply mimic Google by rolling out Web-based versions of desktop programs or following its particular search and advertising model.

Instead of jumping belatedly into the fray with Web-only programs, he said Microsoft will pursue a mix of software loaded on PCs and Internet services that also work with the growing array of mobile devices, a strategy he called ‘’software-plus-service'’.

He said he sees free, Web-based, ad-supported software as a way to extend Microsoft Office’s reach, but gave no specifics. ‘’Advertisers do want a targeted audience,'’ he said. If Microsoft can deliver it, ‘’I don’t see a reason why advertisers won’t move'’. What comes next? Only time will tell.

BitTorrent is planning to use its widely used file-sharing software to launch a legal download site, called the BitTorrent Entertainment Network, that will distribute more than 5,000 titles including digital movies, TV shows, games and other media.

Considering that BitTorrent have got a well-deserved reputation for quickly file distribuition and an existing user based of 135 million, they could be a serious competitor for the increasing online video market, which current heavy players as YouTube, Joost, Babelgum, Brightcove among others.

The battle’s just begun and another important issue is to reach agreements with content owners. Joost has just partnered with Viacom so has BitTorrent with Hollywood studios like 20th Century Fox, Lions Gate and Metro-Goldwyn-Mayer Studios. What comes next? Only time will tell.

Yahoo! has just launched a new service called Yahoo Pipes which offers users the ability to easily create data mashups from remixing popular feed types, including Yahoo! Search, Google Base, Flickr photos and any RSS feed on the web. Yahoo! describes it as an interactive feed aggregator and manipulator that allows you to create feeds that are more powerful, useful and relevant.

Pipes also provides a set of functional modules to let users manipulate and transform data in oder to get the desired output. This set includes a powerful content analyzer, several data formatters, sorting modules and even translating services using BabelFish translating engine.

All these modules are integrated in an easy-to-use visual drag and drop editor that simplifies the job of building a mashup without writing a single line of code. The resulting feed can be for private use or shared with the Internet community. As Tim O’Reilly has defined it:

Yahoo!’s new Pipes service is a milestone in the history of the internet. It’s a service that generalizes the idea of the mashup, providing a drag and drop editor that allows you to connect internet data sources, process them, and redirect the output.

According to Google, their mission is to organize the information. In this case Yahoo! has won a battle letting the users create more organized, filtered and useful information by theirselves. Could it be a step towards Web3.0 in which users not only contribute but can take advantage of the rest of information their own way and share it? What comes next? Only time will tell.

Google is going to transform its Google Video service, in which users upload video content to be shared, into a Google Video Search service, a search engine to look for video content no matter where it may be hosted.

A logical step considering Google’s world-famous mission which is to organize the world’s information. Even more, after YouTube’s acquisition, Google has had two compiting products on the market and finally it’s time to fully integrate YouTube into Google’s product portfolio.

Additionally, according to Financial Times, Google is planning to share advertising revenues on YouTube with the users who upload the clips. Good news for top YouTubers and one more incentive for those users producing quality videos. Could it be the first step in building a real Google TV? What comes next? Only time will tell.

Chinese online population hit 136 million people by the end of 2006 becoming the world’s second largest behind the U.S. with a total online spending of $35,5 billion (47% more than the previous year).

Average Chinese Internet user spends $22 a month online, including payment to online services providers as well as shopping ang gaming. Still, the most popular Internet services in China are search engines (dominated by Baidu and Google and, to a lesser degree, by Yahoo!) followed by Internet portals (led by Sina.com, Netease.com and qq.com) and e-mail services.

But the most rapid growth in usage last year came from blogging. China now has 20.8 million bloggers. Top blogging sites are hosted by Sina, Qzone and MSN. Other new Internet services that are gaining particularly wide acceptance are personal Web pages similar to those on MySpace and video-sharing based on the Web 2.0 standards similar to YouTube. What comes next? Only time will tell.

Niklas Zennstrom and Janus Friis are the creators of Skype and Kazaa, two of the most important (both but particularly the former one) Internet initiatives of the last years. Both products were a combination of new technologies and new defined protocols plus the needed new applications that together are part of new revolutionary services. Well, they did it again.

Joost, formerly Venice Project, is now a reality. It is also a new software application plus its relevant technology wrapping it that makes a new service but that’s from the technical boring side. Joost is, as said in its site:

A new way of watching TV that provides the best of both, the Internet and TV worlds.

They are still in beta phase looking for beta testers under application (and approval). You could also get into Joost by invitation. Look forward to watching it. What comes next? Only time will tell.

Looks like the mergers & acquisitions market is really hot these days. Following yesterday’s MyBlogLog acquisition by Yahoo! and StudiVZ a few days ago, today we find that eBay has agreed to buy StubHub, an online ticket reseller, for $310 million in cash.

StubHub was founded in 2000 and made more than $400 million in gross ticket sales last year. It offers a secure way for buyers and sellers to exchange tickets as StubHub acts as a middleman and includes money-back guarantee. According to Bill Cobb, president of eBay North America Marketplaces, it’s a perfect complement to eBay’s tickets business. What comes next? Only time will tell.

Recently we saw the acquisition of StudiVZ, an online german student community (facebook clone), bought by a german media giant. Now it’s turn for MyBlogLog that has been acquired by Yahoo!, as stated in MyBlogLog official blog. The unofficial numbers are around $10 million.

MyBlogLog is an online service that creates communities among blog readers who like to read the same blogs and so far it the latest step in the so-called Yahoo!’s “social media” expansion that began in 2005 with the acquisition of flickr, a photo sharing site, and continued with del.icio.us, a social bookmarking site, and Upcoming a calendaring site with, of course, capabilities to share events in the purest web2.0 style. Who comes next? Only time will tell.