Google to buy YouTube

Mr.Lampy · 10-09-2006, 09:25 PM

Quote:

BREAKING NEWS

Updated: 4:21 p.m. ET Oct. 9, 2006

SAN FRANCISCO - Google today said it will buy YouTube for $1.65 billion in stock in a deal that unites one of the Internet’s marquee companies with one of its rising stars.
A YouTube representative said the startup’s primary spokeswoman won’t be available for comment until after the stock market closes.
A partner for the venture capital firm Sequoia Capital, which owns about 30 percent of privately held YouTube, also was unavailable for comment Monday because he was tied up in a meeting. Sequoia was an early investor in Google and retains a seat on the company’s board of directors.
Story continues below ↓ advertisement

The deal would be by far Google’s most expensive in its eight-year history. The lofty price underscores how important Google expects online video to become as more viewers and advertisers migrate from television to the Internet.
While it has been able to extend its lead in the lucrative search market, Google hasn’t been able to become a major player in online video.
“This gives Google the video play they have been looking for and gives them a great opportunity to redefine how advertising is done,” said Forrester Research analyst Charlene Li.

Click for related content
YouTube signs content deals with big players

Investors applauded the possible acquisition as Google shares climbed $9.02, or 2.1 percent, to $429.57 during Monday’s late-afternoon trading on the Nasdaq Stock Market.
Several other suitors, including Microsoft Corp., Yahoo Inc. and News Corp., reportedly have discussed a possible YouTube purchase in recent weeks.
(MSNBC.com is a joint venture of Microsoft and NBC Universal News.)
“This deal looks pretty compelling for Google,” said Standard & Poor’s analyst Scott Kessler said. “Google has been doing a lot of things right, but they are not sitting on their laurels.”
Google’s YouTube coup may intensify the pressure on Yahoo to make its own splash by buying Facebook.com, the Internet’s second most popular social-networking site. Yahoo has reportedly offered as much as $1 billion for Palo Alto-based Facebook during months of sporadic talks.

orignal article: http://www.msnbc.msn.com/id/15196982/

SC_Modder · 10-09-2006, 09:27 PM

Google will control the internet someday, and I have absolutely no problems with that.

attilathedud · 10-09-2006, 09:30 PM

As long as they keep it free.

Mookster · 10-09-2006, 09:30 PM

I still can't get over the fact that they've downloaded it.

Mr.Lampy · 10-09-2006, 09:31 PM

I need to go buy some stock in google before they buy something else XD

hba · 10-09-2006, 10:11 PM

Quote:

Originally Posted by Evil_sinz

I need to go buy some stock in google before they buy something else XD

$428.61 a share.

Have fun.

Mr.Lampy · 10-09-2006, 10:18 PM

okay maybe only 1 share >.>

Dragan · 10-09-2006, 10:32 PM

I really don't have any problem with this.

Cataclysm · 10-09-2006, 10:34 PM

until google comes to your house and copyrights the act of you searching your dresser drawers for underwear.

then you may.

gamepin126 · 10-10-2006, 12:30 AM

Quote:

Originally Posted by SC_Modder

Google will control the internet someday, and I have absolutely no problems with that.

I agree. Google will purify all other businesses.

Cataclysm · 10-10-2006, 01:09 AM

Quote:

Originally Posted by gamepin126

I agree. Google will purify all other businesses.

sort of how hitler purified society by killing off the jews. business is brutal.

Dragan · 10-10-2006, 01:44 AM

Quote:

Originally Posted by Cataclysm

sort of how hitler purified society by killing off the jews.

Quote:

Originally Posted by Dragan

I really don't have any problem with this.

llafnwod · 10-10-2006, 01:48 AM

On the Google note, while they have exhibited a surprisengly low degree of evil to this point, monopolies are never good. Maybe now they have no bad intentions; the problem is that if they ever do in the future, they'll be in a very advantageous position.

Loser777 · 10-10-2006, 01:56 AM

Just like microsoft, when companies get big, they get evil.
Google Slogan: "Don't be evil"

Cataclysm · 10-10-2006, 01:57 AM

the content of evil varies from human to human. just wait until they appoint a successor. sooner or later, evil will prevail.

10-09-2006, 09:27 PM	#2 (permalink)
SC_Modder Loading javascript... Senior Member Moderator Inquisitor Join Date: Nov 2004 Posts: 4,523	Google will control the internet someday, and I have absolutely no problems with that. __________________ AaronOpfer.com - My music
$SC_Modder 15 0FF11\|\\|3$

10-09-2006, 09:30 PM	#3 (permalink)
attilathedud Disciple Join Date: Nov 2005 Location: Maryland Posts: 562	As long as they keep it free. __________________ I love all of you, in a completely gay way.
$attilathedud 15 0FF11\|\\|3$

10-09-2006, 09:30 PM	#4 (permalink)
Mookster King of Sexyland™ Senior Member Gold Member Moderator Crusader Join Date: Jul 2005 Location: Sexyland. Posts: 3,511	I still can't get over the fact that they've downloaded it. __________________
$Mookster 15 0\|\\|11\|\\|3 \|\\|0\/\/$

10-09-2006, 09:31 PM	#5 (permalink)
Mr.Lampy Name's Lampy, Mr.Lampy Senior Member Moderator Gold Member Saint Join Date: Aug 2004 Location: NO U Posts: 5,976	I need to go buy some stock in google before they buy something else XD __________________
$Mr.Lampy 15 0FF11\|\\|3$

10-09-2006, 10:18 PM	#7 (permalink)
Mr.Lampy Name's Lampy, Mr.Lampy Senior Member Moderator Gold Member Saint Join Date: Aug 2004 Location: NO U Posts: 5,976	okay maybe only 1 share >.> __________________
$Mr.Lampy 15 0FF11\|\\|3$

Remove advertisements
BWHacks Advertisement	Sponsored links

10-09-2006, 10:32 PM	#8 (permalink)
Dragan Ballin' Senior Member High Priest Join Date: Jun 2004 Location: Hamilton,Ontario,Canada Posts: 1,861	I really don't have any problem with this. __________________
$Dragan 15 0FF11\|\\|3$

10-09-2006, 10:34 PM	#9 (permalink)
Cataclysm Heretic Join Date: Oct 2006 Posts: 30	until google comes to your house and copyrights the act of you searching your dresser drawers for underwear. then you may. __________________ Beyond Control
$Cataclysm 15 0FF11\|\\|3$

10-10-2006, 01:48 AM	#13 (permalink)
llafnwod Administrator Saint Join Date: Jul 2004 Posts: 6,106	On the Google note, while they have exhibited a surprisengly low degree of evil to this point, monopolies are never good. Maybe now they have no bad intentions; the problem is that if they ever do in the future, they'll be in a very advantageous position. __________________ NEWS YOU CAN USE. IF YOU CHOOSE NOT TO USE THIS NEWS YOU WILL BE KILLED.
$llafnwod 15 0FF11\|\\|3$

10-10-2006, 01:56 AM	#14 (permalink)
Loser777 Geeky Azn d00d Enlightened Join Date: Oct 2005 Location: Irvine, California Posts: 3,036	Just like microsoft, when companies get big, they get evil. Google Slogan: "Don't be evil" __________________ MY PSP Teamliquid PowerRank: 1. Sea[Shield] 6. Kal 2. Jaedong 7. Luxury[GsP] 3. By.Flash 8. JulyZerg 4. BeSt[HyO] 9. Lomo[fOu] 5. fOrGG_V_ 10. Hwasin
$Loser777 15 0FF11\|\\|3$

10-10-2006, 01:57 AM	#15 (permalink)
Cataclysm Heretic Join Date: Oct 2006 Posts: 30	the content of evil varies from human to human. just wait until they appoint a successor. sooner or later, evil will prevail. __________________ Beyond Control
$Cataclysm 15 0FF11\|\\|3$