Tuesday, October 10, 2006

Google to buy YouTube for $1.65 billion (AP)

YouTube cofounders Chad Hurley 29 right and Steven Chen 27 pose for a photo with their video cameras at their office loft in San Mateo Calif. Wednesday March 29 2006. Google Inc. is snapping up YouTube Inc. for $1.65 billion in a deal that catapults the Internet search leader to a starring role in the online video revolution. The all-stock deal announced Monday unites one of the Internet's marquee companies with one of its rapidly rising stars. (AP Photo/ Tony Avelar)AP - The founders of YouTube Inc. built this year's standout Web phenomenon by figuring out how to make online video sharing easier than ever.


posted by Smile Community @ 2:07 AM

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