Google in Talks to Buy YouTube

Posted by ryuzaki0 on Friday October 6, 2006 @06:25AM from the dogs-and-cats-living-together-mass-hysteria dept.

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."

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Re:I don't understand why they need to. by pyite · 2006-10-06 06:36 · Score: 4, Informative

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.

--
"Nature doesn't care how smart you are. You can still be wrong." - Richard Feynman