Cloud video editing startup Magisto is coming to market with a new service that will take raw video files and make them worth sharing with friends and posting on Facebook, with no manual editing involved.
Magisto works like this: Once a user has signed in with Facebook Connect, he or she can upload a single video or multiple videos, which the site analyzes and cuts and edits into more palatable — and interesting — videos.
Users can then share those videos on social networks like Facebook or Twitter or email links to friends.
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