In an effort to compete with TV networks, YouTube is spending $100 million to redesign the site's video channels. The new channels will air original video content. The site hopes to bring in more viewers, especially a younger audience. New YouTube channels include a channel that features author Deepak Chopra, as well a channel that features horror shorts by 'CSI' creator Anthony Zuiker.

Microsoft's Bing search engine now ranks second behind Google. According to statistics released on Wednesday by comScore Inc., Bing and Microsoft's other websites fielded 2.75 billion search requests in the U.S. during December, beating Yahoo for the first time. Bing's December search volume translated into a 15.1% share of U.S. search traffic, while Yahoo had 2.65 billion search requests, which amounted to a 14.5% share.