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Google May Be Buying YouTube for $1.6 Billion

A possible Google acquisition of YouTube that may be in the final stages before closing. Rumored price is $1.6 billion. I’m digging for more but the source on this one is good.

This one could be very interesting. What would Google be planning to do with this company and all of the copyright issues that go along with it. Maybe Google will be inventive enough to save this company. YouTube is great for sharing videos, but does Google need the attention it is drawing for copyrighted content?

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