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Google buys Youtube @ US$1.65B

A couple of days ago I reported on the rumors around the sale of Youtube to Google. Today it has become reality : Google has bought Youtube.

Google buys Youtube @ US$1.65B

Youtube says it will continue to operate independently. The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history.

Although some cynics have questioned YouTube's staying power, Google is betting the popular website will provide it an increasingly lucrative marketing hub as more viewers and advertisers migrate from television to the Internet.(London Free Press)

YouTube's worldwide audience was 72.1 million by August, up from 2.8 million a year earlier. I think that speaks for itself.


This was written by admin. Posted on Tuesday, October 10, 2006, at 12:15 pm. Filed under Newsdesk 2.0. Bookmark the permalink. Follow comments here with the RSS feed. Post a comment or leave a trackback.

4 Comments

  1. Emad Hassan kenona wrote:

    google have power to bur ebay and NASA

    Monday, April 30, 2007 at 1:32 pm | Permalink
  2. Emad Hassan kenona wrote:

    google have power to buy ebay and NASA

    Monday, April 30, 2007 at 1:33 pm | Permalink
  3. Emad Hassan kenona wrote:

    google can control the market after a little time

    Monday, April 30, 2007 at 1:34 pm | Permalink
  4. Emad Hassan kenona wrote:

    Google soon will open Smart University for google science,aslo we have next new google site,www.goole.org
    Really youwill find the prodigy of the swcret science and technology!!!!!

    Tuesday, June 10, 2008 at 2:09 pm | Permalink

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