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Google Buys You Tube

Vespinoy: GooTubeGoogle marches on with it’s plans for world domination! 😀

NEW YORK Google made a bold move today into the online video ad market with a $1.7 billion deal to acquire YouTube.

The all-stock acquisition, Google’s largest to date, will give it access to a vast library of streaming video, much of it created by YouTube users. Google said it would build YouTube as a platform for both amateur and professional content distribution.

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