tech:

taffy

YouTube Founders Launch MixBit

MixBitChad Hurley and Steve Chen, co-founders of YouTube, have launched a video-stitching app called MixBit, through their company Avos Systems.

The MixBit app lets users record, edit, and publish videos as short as one second or as long as an hour – right from their mobile devices. Users can also collaborate on the MixBit.com video site to remix content uploaded by the community.

Videos are recorded in multiple clips as long as 16 seconds each. A finished video can include as many as 256 clips, for about an hour in total length.

The MixBit app is currently available on iOS (iPhone, iPad and iPod touch). The Android avatar of the app is expected to be available by the end of September 2013.

Avos is headquartered in San Mateo, California, and has development offices in Beijing, China and Dunedin, New Zealand. The company is backed by Google Ventures, Innovation Works, Madrone Capital and New Enterprise Associates.

[Image courtesy: Avos Systems]

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.