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Google buys YouTube for $1.65 billion
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The following comments relate to this news article:

Google buys YouTube for $1.65 billion

article published on 9 October, 2006

Search engine giant Google announced on Monday that it will acquire the video sharing phenomenom YouTube for $1.65 billion (appx. ?1.31 billion). YouTube, which was found in February, 2005, became rapidly a global phenomenom, representing the "Web 2.0" ideology where users generate all the content available on the site. The site didn't exactly offer anything new or ground-breaking in ... [ read the full article ]

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All it boils down to is: $$$$ M O N E Y
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