Microsoft to take on YouTube and Google Video

Microsoft has announced a beta version of a new service that lets people upload their own home videos. 

Microsoft's new Soapbox on MSN Video site takes on the popular site YouTube, and Google Video which have become the place for people to watch and post videos. The success of both sites apparently could not be ignored any longer by the giant from Redmond.

Soapbox on MSN Video, codenamed Warhol, will eventually be integrated with Windows Live Messenger to allow people to embed links to videos in instant messages and with Windows Live Spaces so people can include videos on their blogs.