Google in Talks to Buy YouTube

tessaiga writes "The Wall Street Journal is reporting that Google is in talks to buy YouTube for about $1.6 billion. YouTube users watch more that 100 million videos daily, and the site's market share tops that of similar services offered by Google and other popular Web sites. This comes after a story earlier this morning that co-founder Sergey Brin is pushing for Google to cut back on the volume of products being offered, complaining that 'I was getting lost in the sheer volume of the products we were releasing'. Guess Google Video is one of the products making the approved shortlist."

Comments

Re:I don't understand why they need to.

[pyite]

My money has Google and MS getting slaughtered by Apple here.

Google is too smart to walk right into a battle with Apple. My guess is they will try to seek some mutually beneficial arrangement with Apple. Don't forget this.

Re:But they couldn't solve our puzzles!

[Mr2001]

Let's keep in mind that Google Video doesn't even allow you to post comments.

Incorrect! The comment feature is still labeled as new, but it's been available for a while now. Look on the right side of the page, below the download button and the description of the video. There's a list of links, "Playlist - Details - From user - Related - Comments[New!] - Flag as inappropriate".