Tuesday, October 10, 2006

My Way News - Google Snatches Up YouTube for $1.65B
AP reports: "The founders of YouTube Inc. built this year's standout Web phenomenon by figuring out how to make online video sharing easier than ever. What they hadn't yet figured out was making money from their site. Google Inc. (GOOG) took that problem off their hands Monday, by agreeing to buy the site for $1.65 billion." [Global Community, Rev 11:19]

No comments: