YouTube's biggest competitor, Vimeo, rebuilt its video player and, for the first time, it supports translated subtitles and closed captioning. Users will still have to create and upload the captioning, but at least the process has begin. The biggest difference is rooted in the decision by the company to switch from Flash to HTML5. As a result, videos will load faster, whether viewed on the Vimeo site or elsewhere. Vimeo is working on voice over support as well. You can read more here or watch a Vimeo video about the changes below.
