Posted by: Dale Wright on October 10, 2006 at 5:47 am - Trackback URL

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Google, the Internet’s leading search engine, announced Monday that it is buying popular online video site YouTube for $1.65 billion in stock.

YouTube, which was founded in February 2005, has quickly become the most well-known of several online video sites. More than 100 million videos, many of which are short videos created by the site’s users, are downloaded a day on the site.

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Why oh why is it never me that comes up with these ideas? I mean, I could use a billion dollars as much as the next guy. And how hard is it to put up a web site that users post videos to? huh? Oh well, maybe the next great idea will be mine. :)

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