Google buys YouTube

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  1. #11

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    There's always a lot of M&A activity happening in the internet space.

    But out of the high-profile sites - I say Facebook - acquired by Yahoo at a valuation between USD 1bn to USD 1.5 bn.


  2. #12

  3. #13

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    >> But out of the high-profile sites - I say Facebook - acquired by
    >> Yahoo at a valuation between USD 1bn to USD 1.5 bn.

    Although Yahoo continues to run the most trafficked Web site on the Internet, the company faces stiff challenge from recent upstarts like News Corp. (NWSA)'s MySpace.com, Facebook.com and YouTube.com, which Google is buying for $1.65 billion.

    The problems have battered Yahoo's stock price, which has dropped by 38 percent this year. Yahoo shares dipped 3 cents Tuesday to close at $24.15 on the Nasdaq Stock Market, then gained $1.14, or 4.7 percent, to $25.29 in extended trading.
    Bubble 2.0 thinking would equate sliding stock to .... go out and spend another billion or two and distract users from fundamentals.

  4. #14

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    Quote Originally Posted by KnowItAll:
    >> Bubble 2.0 thinking would equate sliding stock to .... go out and spend another billion or two and distract users from fundamentals.
    Can't say I disagree with you there...

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