Google Acquires Youtube

Under Google, Tips & Tricks By chandu

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For a few days I had been hearing news about Google acquiring Youtube which I believed was just a rumour, but now Google announced the acquisition for $1.65 billion.
MOUNTAIN VIEW, Calif., October 9, 2006 - Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people [...]