"At Seesmic, a video blogging service, the day of reckoning — when it runs out of the $6 million it raised in May — will come in three years. To make the money last, Loïc Le Meur, the chief executive, recently laid off seven employees, or one-third of his staff, and cut all projects not directly related to the video service." Great messaging, Loic. Now for the bad news: No video blogging service will get its picture in the NYT until Web 3.0.
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