Google to buy YouTube for $1.6 billion - reports

Posted by From the Web

Google is close to buying YouTube for $1.6 billion, according to reports. Props for the scoop, if the talks pan out, go to TechCrunch, the Red Herring of the Web 2.0 Generation, which today reported this "completely Unsubstantiated Google/YouTube Rumor".

Read the complete story here. (The Register)