Google buys YouTube?

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Google offers quite a lot of services if you just scratch the surface, if you dig deeper you find more than you could’ve ever imagined. Google Video is one of the easier services to find. Simply, a simple and convenient service for uploading and sharing of videos. Google’s perhaps biggest competitor for Google Video is most likely YouTube, which has been growing at an exponential rate since the launch. According to an anonymous source to Wall Street Journal Google is now speaking with YouTube about an acquisition (requires subscription). The deal has been valued at $1.6 billion, but the deal is far from finished. YouTube namely comes with a hefty bagage in the form of accusations of breaking copyright laws as users have a tendency to upload material from movies, TV and such.

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