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WeVideo Helps You Edit Your Videos Online (Video)
This video is WeVideo CEO Jostein Svendsen talking about his company's service, not a demo of it, although we surely should do a demo/review of WeVideo before long. If you are involved in casual video production, this is something you need to check out. And if you want to try editing a video or two but have no idea if you're going to be good enough that it will be worth spending money on video editing software, plus the time to learn how to use it, WeVideo's free version (which puts a watermark on your finished video) might be a good way to try your hand at this necessary but unheralded part of the videomaking process.
Who reads Slashdot but can't install a video editor?
Pretty good is actually pretty bad.
Unless their capabilities are god's gift to amateur video editing or something, I don't get it. The pricing is (while probably necessarily so, to handle the bandwidth and compute) dangerously close to basic video-editing shovelware that doesn't require you to twiddle your thumbs while the source video gets uploaded, or put up with a 720p(extra per-export fee for 1080!) resolution cap. And the storage and export-length limits should be fairly easy to hit unless you are really just looking for something that is the video equivalent of the 'crop' tool.
Mac users, of course, have something out of the box that is dangerously likely to be competitive(and even more recent WMM, while a bit of a joke, is at least unhindered by bandwidth constraints and nickle-and-dime pricing).
Heck, if it simply must be 'cloud', let's see your 60-second elevator speech about why this isn't the sound of Google curb-stomping your company and spitting on its corpse. Surely you have one, right?
It gets better: Apparently, there is a 500MB upload limit, so if you want to trim the fat on a long take(only one of the ridiculously common use cases for a basic video editing tool, and the one most likely to save 'my-insufferably-drawn-out-shakycam-footage-of-some-tourist-bullshit-you've-all-seen-shot-by-professionals-a-dozen-times.m4v'), you are SOL...
Also... encouraging... is the little tidbit on their 'business' page. Down near the bottom, "Usage rights". Apparently, kids, what you can do with the video you create is determined by what tier of video editor you purchased. Welcome to the glorious future!