Ustream.tv, the live video streaming site, demonstrated to TechCrunch a live stream application running on the iPhone. Michael Arrington shot a brief video of the yet-to-be-released application (below), along with the more official video from Ustream.
The application will let users watch any Ustream channel, live, directly from their iPhone. And not only that, users will also see and be able to participate in the live chat around the video as well.
You will be able to watch the Obama Inauguration LIVE on Ustream with chat, says CEO John Ham. The application is expected to …
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