Google announced yesterday that they have bought Youtube for $165 billion dollars in stock. This has been called one of the most important deals in this decade, paving the way for video online in the future. (Official press release here.)
Mark Cuban has a unique perspective on the deal, saying that it is not something that GOOG should have been done; there are huge copyright issues involved, and they’d better figure out how they’re going to deal with copyright infringement or there are going to be consequences. [Read more…] about Google Buys YouTube