Monday, October 09, 2006

Google snaps up YouTube for $1.65B (AP)

In this file photo from March 29 2006 YouTube cofounders Chad Hurley 29 left and Steven Chen 27 pose with their laptops at their office loft in San Mateo Calif.  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. (AP Photo/Tony Avelar File)AP - Internet search leader Google is snapping up YouTube for $1.65 billion brushing aside copyright concerns to seize a starring role in the online video revolution.


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