Monday, October 09, 2006

GooTube - Google buys YouTube for $1.65 billion

It's official: Google is buying YouTube for $1.65 billion in stock. This will give YouTube the capital it needs to fix a few technical issues and figure out how to become profitable. Google promises that YouTube will remain an independent entity (in competition with Google Video)... at least for now.

Over the weekend, YouTube was buzzing with the rumors of the talks. Shortly before the sale was announced, I had posted my own opinion and analysis of the rumors on YouTube:

Tags: , , , , , ,

1 comment:

  1. Please join us in the collaboratively filtered realtime discussion:

    TOPIC: google youtube


    2006-10-10 , 00:00 CEST (Brussels, Paris, Rome, Madrid, Stockholm).
    2006-09-10 , 23:00 BST (London, Dublin, Lisbon).
    2006-09-10 , 18:00 EDT (New York, Detroit, Toronto, Montreal).
    2006-09-10 , 15:00 PDT (Vancouver, Los Angeles, Tijuana, Yukon).

    TO JOIN:

    go to the following url:

    Confirm [yes] to the security warning and follow the instructions.
    (In some companies a proxy login dialog box will appear. You then need to type your company internet username and password).


    A Java plugin installed on your browser.


Twitter Feed