YouTube is currently testing a new video player, which has a cleaner interface, but it has removed two buttons, the volume control takes less space, you can now use keyboard shortcuts like: up/down arrows for volume, right arrow for fast forward, space to pause the video. If you want to try out the new player, just click on the link below the player and you can always go back to the old player if you don’t like the new one.
Eric Schmidt said in an interview for CNBC that the highest priority for YouTube this year is figuring out how to make money. “We believe the best products [for monetizing YouTube] are coming out this year. And they're new products. They're not announced. They're not just putting in-line ads in the things that people are trying.”
Asked whether gaining a larger share of the ad market is Google's biggest priority, Eric Schmidt changed his mind. “Well, our number one priority is end-user--end-user happiness. Literally, are people happy with the results that they get using Google search? So it's literally search, and every day we bring out new improvements and indices that are--taxonomies that are understanding of language, more content, bigger--all of the things that make Google such a great search experience. That's our number-one priority, even more important, for example, than advertising.” [Full Interview]
Google, YouTube, Eric Schmidt, Interview