Google buy youtube for $1.65 billion..
October 11th, 2006People did say this might happen and here its is in black and white..
information week are suggesting
Google’s YouTube Purchase Gives It A Big Lead Over Microsoft
In buying a market leader, Google immediately took a giant step ahead of Microsoft, which only launched a test version of its YouTube competitor Soapbox last month. While not without risks, Google’s buy-to-build strategy certainly removed the difficult job of gathering an online video audience. YouTube in August had 34 million unique visitors, according to Nielsen NetRatings.
Read the full article here: http://www.informationweek.com/internet/showArticle.jhtml?articleID=193200428
