November 13, 2006: Google Completes YouTube Acquisition
2006 – In February 14, 2005, 3 former Paypal employees started a website that let you upload and share your video. YouTube brought a new idea of putting your creations on the internet. However, their creation got very popular. It cost a lot of money to run and the company couldn’t keep up with costs. Enter: Google. They purchased the site from the founders for $1.65 billion on October 9. Today marked the completion of this acquisition.
This Day in Tech History podcast show notes for November 13
- 2007 – New York Times tears down their Walled Garden for Ad- supported content.
- 1990 – Tim Bernes-Lee launched the first Web Page
- 1989 – The first Make Money Fast scheme is uploaded to Usenet