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World NewsGoogle buys YouTube for $1.65 billionInternet search engine Google will buy YouTube for $1.65 billion (¥197 billion). The deal was announced Oct. 9, and is expected to bring together one of the Internet's most well-established companies, the 8-year-old Google, and one of the Internet's newest companies, popular video-sharing site YouTube. Experts, however, say that YouTube may face problems in the future because of copyright issues concerning the videos posted on its site. (AP)
Shukan ST: Oct. 20, 2006 (C) All rights reserved |