Google has bought YouTube for US1.65billion. Wow! YouTube is not profitable yet. YouTube has potential legal issues with infringement of copyrights of uploaded content. They spent 1% of their cash (in stock) to buy YouTube! However, Google believes that the potential is more.
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Google has replaced the link to Froogle with links to Google Video. This shows the growing priority of video at Google. Read more.
Shows like “The Office”, “Saturday Night Live”, “Jay Leno” show are currently being distributed via You Tube. NBC, a division of General Electric produces these shows. You Tube distributes them for free?? Read more here.
Why would eBay need to acquire Skype? User base? Eyeballs? or Technology? Read more.