Social Media Newsfeed: Yahoo's 'YouTube' | Facebook App Spam

Yahoo may debut a new video-sharing site this summer. Facebook is making changes to its News Feed to reduce third-party app spam. These stories, and more, in today's Morning Social Media Newsfeed.

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NewYahooLogoYahoo’s ‘YouTube’ May Debut This Summer (VentureBeat)
Yahoo is gearing up for a summer launch of its new rival YouTube video service, reports AdAge. News first leaked that Yahoo was interested in building its own streaming video site back in March, with the company apparently approaching many popular creators currently partnering with Google’s YouTube. AdAge Yahoo had intended to unveil the new service at its upfront presentation for advertisers in April, but contract issues have held the project back.

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