Monday, October 09, 2006

Google closing in on deal to buy YouTube (AP)

YouTube cofounders Chad Hurley 29 left and Steven Chen 27 pose for a photo with their laptops at their office loft in a San Mateo Calif. file photo from March 29 2006. Internet search leader Google Inc. is in talks to acquire the popular online video site YouTube Inc. for about $1.6 billion The Wall Street Journal reported Friday citing a person familiar with the matter. (AP Photo/Tony Avelar File)AP - Google Inc. appears to be on the verge of buying YouTube Inc. for at least $1.6 billion in a deal that would catapult the Internet search leader to a leading role in the online video revolution.


posted by Smile Community @ 12:07 PM

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