You read that title right, sports fans! 360 degree videos. As in you can now decide where you want to look, left, right, up or down in a video. Take a look at this recent video shot by a couple of guys visiting North Korea...
How does it work? Incredibly simply! Just click the arrows in the circle in the upper right hand corner of the video image. Take a look at the annotated screenshot to the right if I am not being clear enough.
Right now it appears to only work on Chrome or Android devices and I found that other videos (and there are a growing number of them) often had to pause to buffer.
The North Korean video was shot with an Etaniya camera and some specialized software. Apparently YouTube (via Google) is working with the software and the hardware manufacturers to make it easier.
In the interim, there are some guides starting to be produced to help you get going making your own 360 degree video.
(H/T to WK!)