YouTube to offer live streaming this year | Webware : Cool Web apps for everyone

YouTube to offer live streaming this year | Webware : Cool Web apps for everyone: "In some cases it's not a bad thing to be fashionably late. Just ask Steve Chen, co-founder of YouTube.

Earlier this week, while sporting a furry coat at a warm, packed YouTube party in New York City, Chen managed to spill some juicy details about the company's plans while talking to Sarah Meyers, the host of vodcast Pop17. Chen confirmed that live video was coming to the service in '2008' and that the company has wanted to feature it for some time, but have only recently been able to get the ball rolling because of having higher resources as a part of Google:

'Live video is just something that we've always wanted to do, we've never had the resources to do it correctly, but now with Google, we hope to actually do it this year.'"