Microsoft to Launch Video Service Under Windows Live Video

TechWeb reports that Microsoft is going to launch a video service to challenge Google Video during April of this year. The service is most likely going to be named "Windows Live Video", like all the new Windows Live This or Windows Live That type of services they announced. MSN currently has live video streams of "variety of news, entertainment and sports from content partners." This new service, I would venture, would be more like upload your video and share it with friends. Expect a tight integration with MSN's other services, in particular MSN Spaces.