Friday, October 06, 2006

Google Getting Into the YouTube Groove?

"Is Google (Nasdaq: GOOG - News) finally about to put its billions to work by buying its way to the top in online video? A report coming out of The Wall Street Journal online claims that talks have advanced between Google and the popular YouTube site, with a price tag of about $1.6 billion being bandied about. The speculation originally surfaced last night in a TechCrunch blog entry that was titled "Completely Unsubstantiated Google/YouTube Buyout Rumor.""

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