Much Buzz Around Apple’s Vingle

So evidently a creation of Apple’s called Vingle is generating a ton of buzz. Here’s the language they used to describe it:

Telecommunication services, namely, electronic transmission of streamed and downloadable audio and video files via computer and other communications networks; providing on-line chat rooms, bulletin boards and community forums for the transmission of messages among computer users concerning entertainment, music, concerts, videos, radio, television, film, news, sports, games and cultural events; web casting services; delivery of messages by electronic transmission; provision of connectivity services and access to electronic communications networks, for transmission or reception of audio, video or multimedia content.

I am quite unsure of what the hell that is, but given their track record lately I can’t wait to see it.