Yahoo buys video editing company

Revolution reports Yahoo! has acquired online video-sharing and editing web site Jumpcut, in an attempt to enhance its Yahoo Video service and strengthen its community

The US website provides users with a free set of online video editing tools, which enables users to manipulate video images without installing software on their computers.

It allows users to do similar kinds of things as YouTube, where people can upload video, but Jumpcut goes a step further with its basic editing tools.

These tools are really useful for 'citizen' reporting.