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Steve Jobs announced that Apple TV, Apple's set-top box that allows you to play digital content from your computer on high-definition TVs, will receive an update that will enable it to play videos from YouTube.
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Apple TV will connect to a custom YouTube site that contains a selection of popular and recent videos. YouTube will convert the videos to the H.264/MPEG-4 video compression standard so you can watch higher quality videos on your widescreen TV.
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