Internet deals of the damned – CNET News.com
Tuesday, October 10th, 2006More often than not, big Internet acquisitions turn out to be disappointments, or at least a bit ahead of their time.
Archive for the 'Google' Category
The Unholy Alliance Has Been Forged
Monday, October 9th, 2006Google 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.
Talks breaking between Google and YouTube?
Monday, October 9th, 2006I can’t say that I would be sad if they did.
The YouTube site is worth over $1.6 billion. Google has already absorbed so many other websites it’s scary. The Google Video section already has a tie in to Myspace so that you can post videos straight from Google to your Myspace blog.
Hopefully the YouTube execs will realize that this merger is not necessarily in their best interests. The reasoning behind this conclusion is my own. I don’t think we need one huge myspace/google/youtube video source. Competition and variety is good. The reason Google and Ebay didn’t forge an alliance is because of the “monopolistic” venture it would have become. Google should be happy that it has nearly all the bases covered with the many sections it has to offer the public and stop trying to absorb the rest of the free internet.
A theory…my theory alone:
Google is the vehicle of the antichrist… 
Think about it!
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