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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.

8 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 russ1337 · · Score: 5, Funny

      GooTube

      eww.

    2. 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 :)

  2. 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
  3. 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.

  4. 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.
  5. 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!
    (")")
  6. Outsourcing? by Bob+Cat+-+NYMPHS · · Score: 5, Funny

    Slashdot is outsourcing its +5 Funny to India now?

    --
    The latest Slashdot meme.