Slashdot Mirror

← Back to Stories (view on slashdot.org)

Google Buys YouTube for $1.65 Billion

Posted by ryuzaki0 on from the let-the-gootube-jokes-begin dept.

Over 30 readers wrote about Google's purchase of YouTube today for $1.65 Billion, as rumored last week. The all-stock transaction is the single largest purchase in the company's 8-year history. The move follows on the heels of Google's convincing Sony and Warner Music to put music videos online for free. Reportedly, YouTube will retain its brand and all its 67 employees, including co-founders Chad Hurley and Steve Chen.

1 of 424 comments (clear)

  1. Re:So Google is going to become... by Lord+Kano · · Score: 0, Flamebait

    So not only do they come via the H1-B program and depress IT wages and provide piss poor telephone customer support but now they're beating us to the punch when it comes to potty humor!

    Great...

    LK

    --
    "Hi. This is my friend, Jack Shit, and you don't know him." - Lord Kano