SPOTLIGHT: Rumor Mill: Google to buy YouTube for $1.6B


The rumor mill was churning out reports last week and into the weekend that Google is in talks with YouTube to purchase the online video portal for $1.6 billion dollars. TechCrunch first reported on the rumor last week and the WSJ picked it up over the weekend. Talks are still "sensitive" and may fall through. T-Mobile USA's CEO Robert Dotson said last week that T-Mobile wants to launch Web 2.0 services like MySpace and YouTube for the mobile platform. Article (WSJ sub. req)

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