09/03/2009 05:12 am ET Updated May 25, 2011

News Near You: YouTube Serves Up Local News

YouTube, which already boasts of being "the biggest news platform in the world," has created a News Near You feature that senses a user's location and serves up a list of relevant videos. In time, it could essentially engineer a local newscast on the fly. It is already distributing hometown video from dozens of sources, and it wants to add thousands more.

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