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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    Blinkx launches video search for partner sites

    NEW YORK
    Wed Jul 16, 2008 2:56pm EDT

    NEW YORK (Reuters) - Web video company blinkx Plc said on Wednesday it is launching a video search service for websites to integrate on their pages and share in advertising revenue generated by users' searches.

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    Blinkx said the new service, called Red Label, would be available in two tiers. The first tier would be for larger customers that use blinkx services while the second tier would be a self-service portal for smaller sites, such as blogs.

    Blinkx, based in San Francisco and London, already has two 'first tier' partners in Europe: Microsoft Corp's online portal MSN UK and Russia's largest portal, Rambler.

    While the ad industry is holding out hope of strong revenue growth from online video this year, it is yet to become reality. The Wall Street Journal reported this month that ad revenue from YouTube, the world's largest video site, would likely total about $200 million this year -- short of parent company Google Inc's expectations.

    Blink executives point to Forrester Research which predicts the online video ad market will reach $7.2 billion by 2012.

    Suranga Chandratillake, chief executive of blinkx, said Red Label would enable customers to boost revenue by allowing them to post their own ads around the videos as well as highly targeted ads delivered by blinkx.

    (Reporting by Yinka Adegoke; Editing by Braden Reddall)
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