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This is the symbol of Ustream.

March 2007 was when Ustream was created. Ustream is a website which consists of network of diverse channels providing a platform for lifecasting and live video streaming of events online. Ustream .tv is a live video community for everyone. Anyone with a computer, an internet connection and web cam can set up their own channel and broadcast live [similar to justin.tv].

Co-founders of Ustream John Ham and Brad Hunstable met each other while attending the U.S. Military Academy at West Point. While enlisted in the military, Brad and John teamed-up on a web-based digital photo enterprise developed and built by Dr. Gyula Feher, another Ustream founder. In 2003, the two were separated, forcing the photo venture to cease operations. John was deployed to Korea and Brad was assigned to work directly for the Department of Defense. After completing their terms of duty, Brad and John re-connected with Gyula and began a new business named Ustream.

Ustream allows users to broadcast from the website once logged in. Users watch streams live on the website, and also on the Ustream iPhone Application which is also included with the iPod Touch. The website allows users to interact, such as vote in polls, rate, and chat. The iPhone application allows users to watch and chat. Their mission is for creativity to extend and enhance the world of live broadcasting. media type="youtube" key="EPZXkvl8cT0" height="340" width="560"

You can go to their API gallery to see what people are doing today!!!!!