Google buys YouTube for $1.6B
Thats right, the internet search guru buys YouTube for 1.6 Billion dollars expanding their field massively and gaining a monopoly in the market. But then again that shouldn't be of a surprise to most of you. Last year, Google spent $130.5 million buying a total of 15 small companies.
For a detailed article, visit [url=http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:GOOG&Feed=AP&Date=20061009&ID=6084108:es86djsn][u:es86djsn]this page[/u:es86djsn][/url:es86djsn].
