Discussing rumors and discussing blogs is something that makes one wonder just how traditional media operate.
This morning, CNBC discussed a rumor from TechCrunch saying that YouTube may be acquired by Google Inc. (NASDAQ:GOOG). YouTube is for sale for anyone that can come up with the cash, but the funny thing is that the title on the rumor line at TechCrunch is Completely Unsubstantiated Google/YouTube Rumor, and it ends with Michael Arrington noting, "Based on experience with these sort of rumors, I'd put this at 40% likely to be at least partially true."
Check it out for yourself.
Google can definitely handle wading through the ongoing copyright issues, but you have to wonder if it would want to. This would also be a larger deal for a company that has surprisingly gone for smaller deals and that tends to take the "grow your own" attitude.
Google shares are trading down 0.5% at $409.74 on last look in pre-market trading.
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Reader Comments (Page 1 of 1)
10-06-2006 @ 11:17AM
JeffreyLin.Net said...
Google already has it's own version of YouTube for Google Video. I get why Google would also have to buy YouTube... Just my thoughts.
10-06-2006 @ 12:35PM
Mike said...
You remember those posts I gave you a few days ago about the law. You Tube is a sitting duck.... trademarks, copyrights, intellectual property rights. The reason it hasn't been sued yet is because its not a deep pocket.
Why anybody would want to buy You Tube (at this point in time) is beyond me.
You think the law isn't coming. Well, its about to be here.
10-07-2006 @ 12:35AM
megite said...
There are more blogs talking about this story at megite.