fredvries Posted October 7, 2006 ID:1581 Share Posted October 7, 2006 Google wants to buy YouTube, the world's leading site for video entertainment, for about $1.6 billion, according to the Wall Street Journal. Neither Google nor YouTube have commented on this report. YouTube was founded only in February 2005 as one of dozens of Internet video start-ups. It has exploded in popularity since last November by letting users share short video clips -- both home videos and programming copied off television. Link to post Share on other sites More sharing options...
fredvries Posted October 9, 2006 Author ID:1585 Share Posted October 9, 2006 Yep, I was right: Google announced that it is buying the online video site YouTube for $1.65 billion in stock. Link to post Share on other sites More sharing options...
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