TechCrunch.com, our parent site, broke the story last week.
Google buys YouTube [Google News]
TechCrunch.com, our parent site, broke the story last week.
Google buys YouTube [Google News]
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TOPIC: google youtube
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2006-10-10 , 00:00 CEST (Brussels, Paris, Rome, Madrid, Stockholm).
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A lot of people complain about Microsoft buying up companies with competitive products. But its clear that Google is using the same formula, which to me is just sound business strategy. Good buy, Google! And thanks for adding some more value to my stock portfolio!
The difference, Webonics, is that microsoft buys the competing technology and guts it. They use it as a way to eliminate the competition, where it appears that the Goog is using it to supliment, or even replace what its got. So really, it’s the exact opposite. But you’re right, it’s a great buy for Google.