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Google looking to Assimilate YouTube for 1.6 Billion

October 6th, 2006 Posted in Really Geeky
Google YouTube logo

Completely unconfirmed here, but I read over at Techcrunch that a few hushed whispers are going around that Google may be in the final stages of Acquiring YouTube - for 1.6 Billion - into its family of power player web services.

Silicon valley has been in a tizzy about the previous news that YouTube was looking to be bought, and worries were that NewsCorp would snatch them up. Fears of a MySpace-Video spam 3.0 machine were quickly soothed when NewsCorp announced they had no interest in the video community site.

Google would benefit greatly from this sale, seeing that Google video was almost immediately trumped by YouTube’s popularity. We must wait and see.

Via - Techcrunch

This entry was posted on Friday, October 6th, 2006 at 1:54 pm and is filed under Really Geeky. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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