Google to acquire Youtube

[Kefka]

Heard it on the radio. 1.something billion (Milliard?)

 

[Friday]

No shit? 1 billion dollars?

Not bad for a board two New Jerseyites started just so they could post videos to each other.

 

[Eggs Mayonnaise]

Read an article in the Wall Street Journal. In the first graph they said it was very preliminary and talks were likely to break down.

 

[Kefka]

I heard nothing about talks being likely to break down. Did Google or Youtube representatives voice these concerns?

 

[Eggs Mayonnaise]

http://online.wsj.com/article/SB116014813857884917.html?mod=home_whats_news_us

The discussions between Google and YouTube are still at a sensitive stage and could break off, says the person familiar with the matter. Other technology, media and entertainment companies have expressed interest in taking stakes in YouTube this year, according to people familiar with the matter. Google rival Yahoo Inc. earlier this week expressed interest in holding acquisition talks with the video start-up, these people say. YouTube also turned down a lower proposed value from Google earlier this week, before commencing discussions about the possible $1.6 billion deal.

 

[Kefka]

An asteroid could fall down on my head right now. There aren't billions at stake, however.

 

[Kefka]

Ah ha.