DIGIT-ARC read-only archive · snapshot: July 23, 2026

DIGIT-ARC / News / Technology News

Google Snatches Up YouTube for $1.65B

10 posts · originally from https://geek.digit.in/community/threads/google-snatches-up-youtube-for-1-65b.38393/

sabret00the
sabret00the Original post #1
Oct 11, 2006 at 2:16 AM
The founders of YouTube Inc. built this year's standout Web phenomenon by figuring out how to make online video sharing easier than ever. What they hadn't yet figured out was making money from their site. Google Inc. took that problem off their hands Monday, by agreeing to buy the site for $1.65 billion.

"This is the next step in the evolution of the Internet," Google Chief Executive Officer Eric Schmidt said during a conference call Monday.

Source:*www.latimes.com/technology/ats-ap_...?coll=sns-ap-toptechnology&ctrack=1&cset=true
P
paul_007 #2
Oct 11, 2006 at 2:26 PM
gr8 news....
jz2linkinpark
jz2linkinpark #3
Oct 13, 2006 at 5:15 PM
nice...but why didn't they just stick to google video?
F
Fastlove #4
Oct 13, 2006 at 6:30 PM
1.Cause this way they get a very big part of the market in their backyard. Google video didn't have the market success that YouTube had.
2. Because they have the money to buy it :)
hard_rock
hard_rock #5
Oct 13, 2006 at 11:51 PM
Then dint the work, energy and money invested to develop Google Video got wasted????
JGuru
JGuru #6
Oct 14, 2006 at 12:52 AM
@SabretOOthe, I have already posted the news Click here

Your's is old news now!! Have a look at what's being already posted before posting any news!!
sabret00the
sabret00the #7
Oct 14, 2006 at 5:51 PM
JGuru said:
@SabretOOthe, I have already posted the news Click here

Your's is old news now!! Have a look at what's being already posted before posting any news!!
Click to expand...

hey bro dont get so angry...I have seen ur post but u said google is all set to buy YouTube Inc. and so was ms and others as well.I had posted that google snatched YouTube Inc. from the competition.
F
Fastlove #8
Oct 16, 2006 at 4:18 PM
hard_rock said:
Then dint the work, energy and money invested to develop Google Video got wasted????
Click to expand...

Well, they tried it, cause it really was a nice ideea, but the competition proved to be better. So instead of fighting for a half-dead project, better buy up the competition and start making real money.

Seems like a good strategy to me ;)
altimate
altimate #9
Oct 18, 2006 at 10:32 AM
Lets hope google coms up with dacombination of the features of utube and google videos and in the end we would b benefitted..................
F
Fastlove #10
Oct 26, 2006 at 3:20 PM
I'm afraid that Google will have a more restrictive policy of the content of submissions and this way, one of the biggest archives of short movies will go to hell :(