10/6/2006

Report: Google in talks to buy YouTube

Filed under: — By Aviran Mordo @ 1:08 pm

Internet search leader Google Inc. is in talks to acquire the popular online video site YouTube Inc. for about $1.6 billion, the Wall Street Journal reported Friday, citing a person familiar with the matter.

Mountain View-based Google and San Mateo-based YouTube are still at a sensitive stage in the discussion, the newspaper reported on its Web site.

Source: AP

 

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