Yahoo reportedly launching YouTube rival!

Reports are circulating that Yahoo is looking to launch a video site that would go up against Google’s behemoth YouTube.

The rumors largely stem from a Re/Code report late last week that cited anonymous sources saying Yahoo is looking to not only launch a YouTube competitor in the next few months but also is trying to pluck some of the video-sharing site’s stars and favorite networks.

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Story added 1. April 2014, content source with full text you can find at link above.