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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.

16 of 424 comments (clear)

  1. So Google is going to become... by sehlat · · Score: 5, Funny

    a series of 'tubes?

    1. Re:So Google is going to become... by Dachannien · · Score: 3, Funny

      yes - YourTubes and MyTubes!

      Strangely enough, though, they're still in beta.

    2. Re:So Google is going to become... by russ1337 · · Score: 5, Funny

      GooTube

      eww.

    3. Re:So Google is going to become... by vivek7006 · · Score: 5, Funny

      GooTube

      This shit is funny. GooTube in Hindi literary means asshole.

      Goo --> Shit
      Tube --> Tube
      GooTube --> Tube from where you shit

      Sorry, I am drunk on monday afternoon :)

    4. Re:So Google is going to become... by Anonymous Coward · · Score: 3, Funny

      Apparently someone thought this was informative.

      "Whoa, what the hell was that?"

      Don't worry, just another chunk of my respect for Slashdot mods breaking off, floating away into the great abyss.

  2. Ill Go Ahead and Say it by moore.dustin · · Score: 4, Funny

    The Bubble is back! Bubble 2.0, but a bubble nonetheless.

    --
    Invexi - a Phoenix, AZ based web design and web development company.
    1. Re:Ill Go Ahead and Say it by thefirelane · · Score: 4, Funny

      no way, this bubble is way different. This time, instead of being unprofitable while hoping to strike it rich with any IPO, companies are unprofitable and hope to be bought out by Google.

      Everyone learned from the last time, obviously the stock market is untrustworthy.

  3. At that rate, does google want a game company? by cliffski · · Score: 5, Funny

    Hey google, Thats 24 million dollars each isn't it? I'm a one man company, but you can buy my company (www.positech.co.uk) for just $15 million.
    Give me a call, or just drop me an email guys. That figure is negotiable too.

    --
    DRM-free indie games for the PC and Mac: Positech Games
  4. google by Anonymous Coward · · Score: 5, Funny

    Does this mean that YouTube will now go into Beta status?

    Too, I wonder how google will integrate the two.

  5. Re:1.65 billyun. by kevin.fowler · · Score: 4, Funny

    Dear Google, Thanks for the 25 million junior bacon cheeseburgers. I hope you like getting sued. -The management

    --
    Bury me in mashed potatoes.
  6. Re:All i ask for is: by hotdiggitydawg · · Score: 5, Funny
    When I'm searching for boobies, I don't care if it's one or many boobies they're showing.
    Well given that they typically travel in pairs, the type of video where there's only one may perhaps be a little more... surgical... than intended.
  7. Re:YouTube not evil! by WeblionX · · Score: 5, Funny

    Yeah, it's a bit overdone. Between the monkey, the iPod, and the PS3, you should have more than enough blood flow to not need viagra.

    --
    (\(\
    (=_=) Bani!
    (")")
  8. Re:WHOa by Anonymous Coward · · Score: 4, Funny

    HAVE! It's HAVE, fucktard. How is it possible that you make THREE mistakes with TWO words??

  9. Re: HAVE? by Migraineman · · Score: 4, Funny
    Well where did this come from? i would of never of thought have Google buying YouTube!
    Nah, still doesn't make any cents {sic}. I can picture you with the vane {sic} bulging out on your forehead. Thank you.
  10. Outsourcing? by Bob+Cat+-+NYMPHS · · Score: 5, Funny

    Slashdot is outsourcing its +5 Funny to India now?

    --
    The latest Slashdot meme.
  11. Re:A discussion other people just had by Alioth · · Score: 4, Funny

    They didn't actually purchase it with $1.65bn of money though - it was a stock transaction. So Google used its massively overvalued stock to buy a massively overvalued YouTube - so all in all, it sort of nicely cancels itself out :-)

    --
    Oolite: Elite-like game. For Mac, Linux and Windows