May YouTube Clone Veoh Rest in Peace [Veoh]

Apparently Veoh Networks, an online video company vaguely similar to YouTube, has "laid off its workforce yesterday and is expected to file for Chapter 7 bankruptcy protection."
It's sad to see the site go under as a few of us have fond memories of using the service, but what's sadder is seeing about $67.5 million in venture capital funding evaporate into nothing. [peHUB]


http://ads.pheedo.com/img.phdo?p=1http://a.rfihub.com/eus.gif?eui=2226http://feeds.feedburner.com/~ff/gizm...?d=H0mrP-F8Qgo</img> http://feeds.feedburner.com/~ff/gizm...?d=yIl2AUoC8zA</img> http://feeds.feedburner.com/~ff/gizm...-U:D7DqB2pKExk</img> http://feeds.feedburner.com/~ff/gizm...-U:V_sGLiPBpWU</img>
http://feeds.feedburner.com/~r/gizmo...~4/nO5jUNoRU6M

More...