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Google, Inc. (NASDAQ: GOOG) may have some new competition for its incredibly-popular (if unprofitable) YouTube unit. Gabble is a new community created for private video sharing for those individuals, groups and families who may not necessarily want to show the entire world their video footage. Its creator: Hewlett-Packard Corp. (NYSE: HPQ).

Why would yet another video sharing product want to come up against YouTube, you may ask? Good question. Gabble has the apparent goal of letting those who want to post video online but who have privacy concerns about YouTube . Gabble is also provided free of charge, but only people you invite can view your videos. HP probably has the goal here of recruiting more consumers to their market share-leading PC brand to ensure Dell, Inc. (NASDAQ: DELL) or Taiwan's Acer doesn't make any headway into its consumer business.

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HP creates Gabble, the 'private' competitor to YouTube originally appeared on BloggingStocks on Wed, 15 Apr 2009 16:00:00 EST. Please see our terms for use of feeds.

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