Apple will stream its iTunes Festival live

The iTunes Festival is an annual music event that Apple holds over 30 days. This year’s event features musical performances by the likes of Usher, Deadmau5, Jack White, Muse, Alicia Keys, and more. Usually, the company raffles off tickets to each night of the shows, but this year it’s doing considerably more.

140Fire brings interactive ads to live video

140Fire, which slaps interactive advertisements like polls on streaming video, announced that it is launching today at the Launch Conference in San Francisco.

YouTube wants to stream live NHL and NBA games

After a successful experiment with broadcasting cricket’s Indian Premier League last year, Google-owned YouTube wants to stream more sports events online.

Justin.tv business officer departs after job becomes defunct

David Aufhauser, the chief business officer of live video streaming site Justin.tv, has left the streaming site now that it has decided to shift its focus to a consumer-driven “YouTube model” for live streaming.

DEMO: Dyyno makes capturing and streaming video easy, profitable

Dyyno is one of 70 companies chosen by VentureBeat to launch at the DEMO Fall 2010 event taking place this week in Silicon Valley. After our selection, the companies pay a fee to present. Our coverage of them remains objective.

Live streaming video use jumps about 650 percent

The Internet is continuing its march into TV’s backyard, this time taking charge at live TV broadcasting as use of live streaming sites exploded in 2010, according to data from comScore.