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TechCrunch is reporting that EMI has filed a lawsuit against Hi5, VideoEgg and ten other defendants alleging them of "massive and blatant" copyright infringements.

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Amazon founder and CEO in his keynote at Web2.0 Expo has disclosed some astounding facts about the Amazon S3-web services storage platform. According to Bezos S3 now stores 5 billion objects, served 920 million S3 requests on its peak day with 16,607 requests in its peak second. Bezos termed this computing platform as “Web Scale Computing“.

This is astounding take up given the fact that the service was launched just thirteen months back and had just 800 million stored objects in July 2006. Clearly Amazon is trying to do with storage in general what Photobucket is doing with photos, and VideoEgg with Videos, i.e to become an infrastructure for existing destinations.

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VideoEgg, one of the leading video solution provider that has also built an enviable video ad network, announced a strategic investment round from WPP, one of the world´s leading communications services groups. The details of the investment were not disclosed.

VideoEgg initially started as a video editing and publishing service. The VideoEgg Publisher allowed users to easily capture, edit and publish videos anywhere on the web, across any social network. Thus removing the complexity of video formats, editing softwares and players. VideoEgg is powering the video hosting/streaming for dozens of other websites, including Bebo, AOL, Dogster and many others. Rather than create yet another video destination site, VideoEgg lets any website owner integrate video into their site for free – providing the hosting, transcoding, editing seamlessly. In a way VideoEgg adopted the same approach to video that Photobucket adopted for photos, i.e to become a back end storage space for other social networks and online communities. Since this space is usually hidden away from geeks and rarely comes to light, we ought to see very little competition in companies trying to do backend jobs. However the success of Photobucket proves the point that the online photo and video game will be won by a company that works with existing destination sites rather than building competitive new destinations.

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