Twango (first impression - excellent) is a YouTube style file sharing service that's not just limited to video - you can use Twango to share virtually any file format including pictures, audio MP3s, Office documents, PDFs and even ZIPs.
The good news is that Nokia, the company that manufactures mobile phones multimedia computers, has acquired Twango.
Nokia devices like the N-series are popular for capturing user generated content (pictures, podcasts, videos), Twango would now make it more easy for Nokia users to share these different types of media files at a central place. Plus Twango automatically generates RSS feeds of your public media.
Though Twango will continue to be available to all web users (even those who don't own a Nokia), you can expect the upcoming Nokia models to have tight integration with Twango.
Twango is currently free but there are hints that a paid version may be in the works that would offer more upload bandwidth. Overall, an excellent acquisition by Nokia that's sure to become popular among the Nokia users for ease-of-use and features. [Thanks Michele Mehl of Twango]