Ustream TV is one of a crop of “Lifecasting” startups that offer a voyeuristic spin to the video uploading and viewing experience. Lifecasting’s biggest celebrity to date is Justin Kan at Justin.TV, who has been broadcasting his life 24/7 for about a year now.
Rumors are suggesting that Microsoft has offered Ustream $50 million and Ustream will probably reject this offer despite the fact it has only about $2 million invested so far in venture capital, and presumably low revenue. Microsoft’s interest appears to be as an advertising platform for Microsoft products, perhaps a clever move More»

Labels: justin.tv, lifecasting, Microsoft, ustream tv