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Entry title: Google acquired YouTube!?
Date added:  Monday, October 9 2006, 06:07PM
Written by:  Agilo (agilo3@gmail.com)
Entry ID:    222
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Apparently, it seems that Google has bought YouTube for a whopping $1.65
Billion worth in stock! :| :|

I really wonder if this has been a smart move, especially since I read an
article on Slashdot a couple of weeks ago entitled "Only a 'Moron' Would Buy
YouTube" in which a really good point is being made concerning the seemingly
endless copyright violations on YouTube.

I also listened through the (audio) webcast conference call in which some very
interesting questions were being answered.

I guess only time will tell.. I just hope Google knows what they're getting
into (apparently they do or they wouldn't have spent $1.65 Billion, but
still..).


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