YouTube Gets an iReboot
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Before Apple (NAS: AAPL) starts hogging the spotlight, Google (NAS: GOOG) has managed to get some attention itself. It has created a YouTube app for iPhones and iPads addressing the fact that the video site was booted from the built-in applications in Apple's operating system.
The two tech giants' previously failed to renew a licensing agreement. Apple reportedly wanted the right to design the built-in application, which wouldn't allow any ads to be shown on videos. Google is opting instead to retain its own design rights, making a YouTube app that will be available in the iTunes store for free -- and will feature ads -- thereby allowing Google to monetize its video player.
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The article YouTube Gets an iReboot originally appeared on Fool.com.Fool contributorJohn Divineowns shares in Apple. You can follow him on Twitter@divinebizkidand on Motley Fool CAPS@TMFDivine.The Motley Fool owns shares of Apple.Motley Fool newsletter serviceshave recommended buying shares of Apple and Google.Motley Fool newsletter serviceshave recommended creating a bull call spread position in Apple. The Motley Fool has adisclosure policy. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.
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