On Wednesday, YouTube started to roll out new video editing features. Videos that have been previously uploaded to YouTube (with some exceptions) are now capable of being edited to a greater degree than they were before. Instead of just adding annotations, subtitles and other similar text-based things, YouTube users can now tweak their video’s color intensity, stabilize shaky footage, trim videos and add complete visual effects.

Picnik is an amazing story. Working with only a 20 person team the site is localized in 16 languages and had almost 47 million site visits, and over 15 million unique visitors in December and is the #1 online photo image editor. Every part of the site suggests the team is energized and fun, even more »

As a frequent user of Picnik, an able online photo editing website, I was thrilled to hear they added more features to their free account. The reason? They decided to get paid via ads. Good for them and for you.