This time it's Ptch, a mobile video app that was funded by DreamWorks Animation. The iPhone app lets users create montage videos out of clips and photos. The service will shut down on January 2 so the startup's team can join Yahoo, Ptch announced Tuesday on its Web site. Terms of the deal have not been disclosed.
"As part of the Yahoo team, we'll be able to focus our efforts and leverage our technology to make Yahoo's photo and video platforms the best in the world," the startup … Read more