Monday, October 09, 2006

That YouTube Is So Hot Right Now

"Google announced this afternoon that it would buy YouTube...for stock that it valued at $1.65 billion. Google beat out...Microsoft, Viacom, Yahoo and the News Corporation." [New York Times]

No word on whether or not this new venture will be called YouGoogle-y, as both an homage to Zoolander (for no particular reason whatsoever) and as a combination of their two names.

[Bloomberg | Reuters | CNN | LA Times | BBC | Wired]

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