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Competition hots up over Internet video.

Semiconductor manufacturer Intel has formed Internet multimedia technology and marketing partnership with specialist software firm RealNetworks to develop technology for production of Internet video and television. RealNetworks will license Intel technology--Streaming Web Video--into new Internet video production system. Atlantic Records already plans to use system, which offers better picture quality, for its on-line video channel Instavid. Partnership brings both companies into direct competition with Microsoft,

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