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Discussion in 'The Pub' started by LadyRider, Oct 10, 2006.
i was just walking past a Tv
and a News flash said
YouTube has been sold to Yahoo for $2 Billion
I saw a similar report - only it said it had been bought by Google not Yahoo (unless they're the same company?).
No, Yahoo and Google are seperate.
The big internet companies have been eyeing YouTube with envious eyes. Hah! It isn't even a year old (in it's current form at least) and was probably a long long way from turning over it's first profit.
Yeah the news story I saw on SBS stated that YouTube has actually been running at a loss - but given the number of hits it gets it's certainly the perfect spot for Google to flood with advertising.
Not bad for two kids working out of mum's garage 2 years ago. Applying for credit card to buy food !!
Good work and good luck to them !!! :grin: