The Unholy Alliance Has Been Forged
By Bulletz. Filed in Computer Tech, Google, YouTube |
Google has just bought YouTube! Yes, the alliance has been forged. The story is on CNet. A blogger was the first to post the news.
Google has agreed to purchase online video phenomenon YouTube for $1.65 billion in stock, the companies announced Monday.
The execs of Google are already talking about the big plans they have for the company in the near future. YouTube was apparently struggling because the bandwith was killing their budgets, but low and behold the benevolent *and money hungry* Google has saved their lives.
As you can see from my previous take on this situation, I am not pleased, BUT I will allow them time to settle in and see if there is anything good coming from this situation.
In the nice little podcast on Cnet, they use words like “joined forces” and “Global Media Platform”. Call me crazy, but that sounds a little like WORLD DOMINATION to me. Next thing you know they will be buying media outlets like newspapers and such. We will have one world media system controlled by one group of people.
How scary.
In other news, Google didn’t talk about all the copyright infringement lawsuites they will have to deal with now that YouTube has become their problem. I can’t say that I am surprised. With all the videos being uploaded at such ridiculous speeds, there is no accounting for who is breaking the law and who isn’t.
