Google buys YouTube

Google buys YouTube


Google spent some pocket money today when they signed the contract for buying YouTube an hour or so ago – $1.65 billion – yes, billion!

“This is the next step in the evolution of the Internet,” Google Chief Executive Officer Eric Schmidt said during a conference call Monday”

Google snaps up YouTube for $1.65B[news.yahoo.com]



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This entry was posted on Monday, October 9th, 2006 and is filed under Web.

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