Its Confirmed! Google is Buying YouTube for $1.6 BILLION!
Google Inc. said Monday it’s buying No. 1 Internet video sharing Web site YouTube Inc. for $1.65 billion in stock. The deal is regarded as a largely defensive one that leapfrogs Google into a leading role in a burgeoning Internet marketplace.
Wow! Now all the “Numa Numa” and Weird Al videos will be Google’s! Who says Geek Culture is “cheap?”