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GoogleTube for $1.65 Million

AP reports: “Google Inc. snapped up YouTube Inc. for $1.65 billion Monday in deal that catapults the Internet search leader to a leading role in the online video revolution.

The all-stock acquisition unites one of the Internet’s marquee companies with one of its rapidly rising stars.”

PREDICTION: GoogleTube and Al Gore’s CurrentTV will merge. You heard it here first, folks…

Michelle Malkin is concerned…

Maybe with good reason. CNET reports:

“Just in time for the November elections, Google has made a strategic move already familiar to fellow technology heavyweights seeking to wield influence inside the Beltway.

The Mountain View, Calif.-based search giant confirmed Monday that it filed the federal paperwork necessary to set up a political action committee, or PAC, an organization designed expressly to raise money for political candidates and causes.”

Calling Chairman Al Gore…

It’s obvious they’ve got money to throw around.

RELATED:
Google Co-Founders Cash In
Google: “Lofty Ideals Meet Reality”
“Current” Bias: Getting Ready for GoreTV
Google Is Biased: No Search Required
(includes MANY more links!)

Clicked linked with NORK nukes, GoogTube, Blogger blues and other news...

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Trackbacks & Pingbacks

  1. NORK nukes, GoogTube, Blogger blues and other news…

    Between the North Korea nuke test, Google’s purchase of YouTube, and lingering developments in the Foley……

    Trackback by Clicked — October 10, 2006 @ 1:39 am


Comments

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  1. When Google purchased Blogger, that quickly improved the service provided by it, for those of us who had been having problems with bugs in its system.

    Despite the criticism it gets, myself - and others - are still on Blogger. I haven’t found a good reason, as of yet, to swtich.

    As for YouTube, it is relatively new, and I have mixed feelings about it… It’s useful, but it kinda doesn’t seem right that so much - including music, which is supposed to be copyrighted - is so readily available, for free.

    I wonder if Google’s buyout could create less content to be available, or more. And will YouTube and Google Videos be merged?

    With so much new stuff becoming available, so frequently, it can make things more convenient… but also, more confusing.

    Comment by Aakash — October 9, 2006 @ 2:56 pm

  2. Yeah… this is soooo much different than Rupert Murdoch buying MySpace. Democrats showing videos and Republicans hunting for underage tail - yeah that sounds about right.

    Comment by noyb — October 10, 2006 @ 12:24 pm

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