video sharing

Dennis Faas's picture

Ka-Ching! Google Buys YouTube for $1.65B

Google is at it again! The company is seemingly on a quest to buy the entire Internet. And that trend continued with its recent purchase of the video sharing website for $1.65 billion in stock. When a corporate buyout takes place, the ... new owners generally attempt to change or compromise their shiny new acquisition in some way. However, that won't be the case with YouTube, according to Google's press release: "YouTube will operate independently to preserve its successful brand and passionate community." Representatives of both Google and YouTube have already made comments about the ... (view more)

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