Google buys Youtube

The big news today is that Google
has bought YouTube
for around 1 billion pounds. YouTube will still maintain it’s
brand, so there’s no chance it will be called GooTube.
Anyway, it looks like the market thinks this is a wise move, as Google
shares went up 2%
as the news was announced. The question is, will Google still
offer Google Video, or will it roll the two
together into one service? Will Universal
Music finally sue YouTube
, now that it has the financial backing to make legal
action worthwhile? What the future holds, only time will tell.

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