Date added: Monday, October 9 2006, 06:07PM
Google acquired YouTube!?
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..).