Ustream has been providing live video feeds for a while, unless you happen to be an iPhone user. Ustream has just gone live for the iPhone recently, and allows for streaming live video from the iPhone to the Web, even if you have a 3G connection.

Yes, the Ustream Live Broadcaster allows users to record vids right to the web, and even allow others to watch them as the are recorded, or watch them later. You should be able to get the Ustream iPhone app for free on the App Store.

Source

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