09/10/2006

Google to buy YouTube?

Google are rumoured to be after YouTube making them an offer of $1.6bn. Google Video hasn't proved that popular, while YouTube is one (if not the) most visited sites on the web. Google could then utilise their on-line advertising skills to make YouTube turn a profit (or even make some money).

The directors of YouTube (who left Ebay to start it) can expect to make several hundred million each if the deal goes through.

Google have over $10bn to spend on acquisitions.
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