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YouTube Gets an iReboot

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Before Apple (Nasdaq: AAPL  ) starts hogging the spotlight, Google (Nasdaq: GOOG  ) has managed to get some attention itself. It has created a YouTube app for iPhones and iPads addressing the fact that the video site was booted from the built-in applications in Apple's operating system.

The two tech giants' previously failed to renew a licensing agreement. Apple reportedly wanted the right to design the built-in application, which wouldn't allow any ads to be shown on videos. Google is opting instead to retain its own design rights, making a YouTube app that will be available in the iTunes store for free -- and will feature ads -- thereby allowing Google to monetize its video player.

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Fool contributor John Divine owns shares in Apple. You can follow him on Twitter @divinebizkid and on Motley Fool CAPS @TMFDivine.

The Motley Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of Apple and Google. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.


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6/19/2013 4:00 PM
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