Google said to set sight on YouTub
YouTub
YouTube, the popular video-sharing Web site that has yet to celebrate its first anniversary or its first profit, is quickly becoming the must-have prize for media and technology giants.
Google is in discussions to acquire YouTube for $1.6 billion, people involved in the talks said yesterday. While the talks are in the early stages, and may fall apart, the size of Google’s offer may push YouTube closer to a deal. Other companies have also expressed interest and could swoop in with a higher offer.
YouTube, the popular video-sharing Web site that has yet to celebrate its first anniversary or its first profit, is quickly becoming the must-have prize for media and technology giants.
Google is in discussions to acquire YouTube for $1.6 billion, people involved in the talks said yesterday. While the talks are in the early stages, and may fall apart, the size of Google’s offer may push YouTube closer to a deal. Other companies have also expressed interest and could swoop in with a higher offer.
posted by sany at 8:51 AM
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