Available In: App Store

Price: Free

Apple has finally approved the live streaming app by Ustream.com. Previously there was an app for viewing live streams and an app for recording video and uploading it later but not live streaming. This is huge and will most likely lead to the approval of Qik for the iPhone too. Previously these types of apps were only available by jailbreaking your iPhone. With the recent approval of the video streaming app, Knocking Live Video, supposedly directly approved by Steve Jobs himself after initial denial, we will most likely see all of these types of apps approved.

The Ustream application is very nice. It allows you to see live chat from your viewers, create a poll and have viewers vote live on the video and you can see the results, you can automatically have it upload the video to YouTube or Facebook when you’re done, and you can have it tweet when you’re streaming live. I tested it over wifi and here’s the results:

ScreenShots