07-10-2006, 05:20
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Administrator [1]
Senior Elite Member
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Join Date: May 2002
Location: Patong beach, Thailand
Age: 37
Posts: 9,786
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Google in talks to buy YouTube (Wall Street Journal)
WSJ Clickers
Quote:
Google Inc. is in talks to acquire online video site YouTube Inc. for roughly $1.6 billion, according to a person familiar with the matter. The discussions are still at a sensitive stage and could well break off, this person says.
A spokeswoman for closely held YouTube could not be reached for comment. A Google spokesman said, "We don't comment on rumors and speculation." Rumors of such talks were reported earlier on the TechCrunch blog.
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