YouTube announced this week that it will be ending it's video editing tool available on the website. You will be forgiven for not knowing that they have an editing tool as many users don't use it -- hence its ending. The feature will remain until September 20th.
YouTube says that they will be keeping the ehancement tools which allow users to trim on the front or end of their video, add blurs, sound effects and cards, and quick fixes like stabilization and saturation.
Read the announcement here.