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10:45 PM ET, October 9, 2006

Techmeme

 Top Items: 
google.com:
Google To Acquire YouTube for $1.65 Billion in Stock Combination Will Create New Opportunities for Users and Content Owners Everywhere  —  Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through …
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Michael Arrington / TechCrunch:
Google Has Acquired YouTube  —  Moments ago the deal was confirmed.  In their largest acquisition to date, Google has acquired YouTube for $1.65 billion in an all stock transaction.  Both companies have approved the deal, which should officially close in the fourth quarter.
New York Times:
Google to Acquire YouTube for $1.65 Billion  —  Google announced this afternoon that it would buy YouTube, the popular video-sharing Web site, for stock that it valued at $1.65 billion.  —  Google beat out a number of other YouTube suitors, including Microsoft, Viacom, Yahoo and the News Corporation.
Mark Cuban / Blog Maverick:
I still think Google is crazy :)  —  Kudos to Youtube for getting them to say yes.  My advice to you is to always protect your downside.  Ignore all the scammers who want your money, and dont listen to all the tax scammers who want to save you money on taxes.  Writing that check is painful, but its the right thing to do.
Paul R. La Monica / CNNMoney.com:
Google to buy YouTube for $1.65 billion  —  Search engine leader looks to bulk up in the burgeoning online video market.  —  NEW YORK (CNNMoney.com) — Google, the Internet's leading search engine, announced Monday that it is buying popular online video site YouTube for $1.65 billion in stock.
Staci / paidContent.org:
GOOG-YouTube: Conference Call: No Name Change; Audio  —  Speaking from YouTube "world headquarters" as Google CEO Eric Schmidt dubbed it at the start of the call, Schmidt, Google founders Sergey Brin and Larry Page, YouTube founders Chad Hurley and Steve Chen.
Discussion: Read/WriteWeb and Gadgetell
Associated Press:
YouTube strikes content deals  —  NEW YORK (AP) — YouTube struck deals with CBS and two major music labels Monday as the popular video-sharing website races to befriend content providers and avoid copyright-infringement lawsuits.  —  The separate agreements with CBS, Vivendi's Universal Music Group …
Om Malik / GigaOM:
Goobed  —  This one is personal - now that the deal is done, I have to start working on losing 40 pounds.  So if you are making plans to meet me for a drink - not going to happen.  Given that how wrong I was on this one, you shouldn't really read any further.
Discussion: Paul Kedrosky's …
Michael Liedtke / Associated Press:
Google snaps up YouTube for $1.65B  —  SAN FRANCISCO - Google Inc. is snapping up YouTube Inc. for $1.65 billion in a deal that catapults the Internet search leader to a starring role in the online video revolution.  —  The all-stock deal announced Monday unites one of the Internet's marquee companies …
Marshall Kirkpatrick / TechCrunch:
Sequoia could take $480 million from Google/YouTube deal  —  Update: The deal was just announced; Google has purchased YouTube for $1.65 billion - all in stock.  —  The Wall St. Journal (subscription required) was among several sources this morning who reported that an announcement between Google and YouTube could come later today.
Staci / paidContent.org:
GOOG-YouTube: Done Deal; $1.65 Billion In Stock  —  Google proves once again that it can close a big deal, picking up YouTube for a cool $1.65 billion in stock.  The deal, expected to close in 4Q06, was approved by the boards today and announced after the market.  Release.  Webcast starting at 4:30.
Jonathan Thaw / Bloomberg:
Google Buys YouTube for $1.65 Billion, Grabs Lead in Web Videos
Paul Kedrosky's Infectious Greed:   Main GooTube Takeaways
Michael Arrington / TechCrunch:   Is Fox a Factor in the Google/YouTube Deal?
Nathan Weinberg / InsideGoogle:
GOOGLE/YOUTUBE CONFERENCE CALL
Discussion: Digital Inspiration
Brian Krebs / Security Fix:
Microsoft to Push Out IE 7 This Month  —  Microsoft this month will be pushing out Internet Explorer 7 to Windows users who download security updates through Microsoft Update or Automatic Updates.  —  Last week, Security Fix mentioned that Microsoft intends to ship 11 patches tomorrow, including a "high-priority update."
MSMobileNews.Com's RSS Newsfeed:
Windows Mobile 5 is the current OS of choice for Windows Mobile users however the next iteration, codenamed Crossbow, has shown its face, check out the full Pocket PC homescreen shown above!  It has a glossy title bar and soft keys and will feature Vista-esque folder icons etc.
Mike / Techdirt:
Lessons To Be Learned From Tower Records: When The Market Shifts, You Need To Shift With It  —  from the end-of-an-era dept  —  Two months ago, in noting that Tower Records had filed for bankruptcy for the second time in about two years, we wondered if it was the final word on the pure play music retailer.
 
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