Friday, October 06, 2006

Google Pursuing YouTube

YouTube, the fast-growing online video site, has received a flurry of interest in recent days from potential suitors including Google, the internet search company, and Rupert Murdoch's News Corp, according to MSNBC. The wave of interest comes on the heels of reports that Yahoo, a Google rival, had offered to buy Facebook, a social networking site geared towards university students, for $1.5bn. YouTube, which allows users to upload and share video clips, is the latest in a string of young companies focused on "user-generated content" that have attracted the interest of big media and internet companies in recent months.

This story comes at no surprise to me. Google and Yahoo are trying to take over the world. If Google is successful in it's pursuit of YouTube, Google will further expand its empire. I have watched videos on YouTube and I really don't see what the buzz is all about. Most of the videos on their are of everyday people trying to do something funny. Usually the videos are stupid and a complete waste of time. The popularity of posting videos on YouTube doesn't surprise me, because everybody seems to want to be a celebrity nowadays. If anything, this aqcuisition should it take place will make YouTube even more popular by being part of the Google brand name. What on the internet does Google or Yahoo not own now? If smaller companies don't rise up in the internet business, then these two conglomerates will control everything we read and see online. We need diversity on the internet. Smaller companies need to not sell out to Yahoo and Google and give us more variety on the web.

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