This is big, this is very cool. If you are a news junky, you will like this news video clip site 1Cast.com, along with its iPhone and Android apps. It was launched last week.

1Cast users can search, set up personal queues, and share short videos from many sources: Fox Business News, Bloomberg, CNBC, Dow Jone, AFP, BBC World News, Reuters, etc.

1Cast competes with a variety of companies such as RedLasso, Veveo, ClipSyndicate, Mochila, and Grab Networks (formerly Voxant).

With these useful services, who needs to spend time watching traditional newscasts full of "coming up" announcements and annoying ads?