Nataly

Friday, November 03, 2006

YouTube

1. YouTube is a popular free web site which lets users upload, view, and share video clips.

2. Google bought YouTube for $1.65 billion. For Google, the purchase of YouTube gives the company the ability to tap into the potentially profitale online video and social networking markets. The combination of Google and YouTube could further strengthen Google's dominance in online advertising, giving it an edge over rivals such as Yahoo, Microsoft's MSN, and News Corp.

3. It could be worth that much money if Google eventually makes a profit. The outcome cannot be determined yet.

1 Comments:

  • At 7:06 AM, Blogger Mr. Freer said…

    Great job copying and pasting!

    The combination of Google and YouTube could further strengthen Google's dominance in online advertising, giving it an edge over rivals such as Yahoo! (Charts), Microsoft's (Charts) MSN and News Corp (Charts)., which owns the social networking site MySpace. Some analysts said Monday that Yahoo, Microsoft and News Corp. also had probably expressed interest in buying YouTube.

    http://money.cnn.com/2006/10/09/technology/googleyoutube_deal/index.htm

     

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