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| Is Google Buying YouTube?  Founded in February 2005 YouTube is surging thanks to the increased availability of high-speed Internet connections and gadgets such as camera phones and digital cameras capable of taking video." title="Is Google Buying YouTube?">Google is in talks with YouTube to acquire the video-sharing behemoth for roughly $1.6 billion, the Wall Street Journal reported last Friday. Rumors surrounding the possible buyout were reported on the TechCrunch blog, stating that, according to an inside source, discussions are still at a sensitive stage. Spokespeople from YouTube and Google refused to comment, respectively. Founded in February 2005 YouTube is surging thanks to the increased availability of high-speed Internet connections and gadgets such as camera phones and digital cameras capable of taking video. YouTube users currently watch more than 100 million videos daily, and the site’s market share has surpassed similar video services like that provided by Google. Most of YouTube offerings are short amateur clips, although professional filmmakers and even television networks have posted materials. write your comments about the article :: © 2006 Computing News :: home page |