Monday, October 09, 2006

Google Buys YouTube?

WIRED: "After marathon negotiations over the weekend, Google could announce a deal to buy, the popular video-sharing Web site, for about $1.6 billion as early as Monday afternoon, people involved in the talks said... Discussions could still break down, however, or another party could present a more-attractive offer.
Negotiations between Google and YouTube began in earnest late last week after a lower bid from Google was initially rebuffed, these people said."

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