Web 2.0 News

Google bought YouTube for $1.65B!
That's it, despite all the arguments against this deal and although many experts and analysts stated such a deal is impossible it is fact and has just been confirmed. It represents $1.65B paid all in stock deal.

Source: http://money.cnn.com/2006/10/09/technology/googleyoutube_deal/index.htm?postversion=2006100916