Source: http://gizmodo.com/5842720/youtube-adds-3d-video-conversion-and-new-editing-tools
YouTube added several new features to its video streaming service including the ability to convert your 2D video to 3D format. I'm not sure why you would want to, but now you can.
YouTube users will also be able to mix it up with two new video editing tools, vlix and Magisto. Vlix lets you add effects and text to the beginning and the end of your videos, while Magisto takes a longer video and breaks it up into smaller, fun clips.
YouTube also opened up the floodgates for long-form video by allowing all verified users to upload videos longer than 15 minutes long. [YouTube via TechCrunch]
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