Google to buy YouTube?

Google is currently in talks to snatch up YouTube for $1.6 billion, TechCrunch is reporting. The blog's source says discussions are taking place and there is still a possibility the deal may not go through.

Google refused to comment on the rumor, and YouTube was not available for comment, according to a follow-up item in the Wall Street Journal.

Visitors to YouTube, founded in February 2005 by Steve Chen and Chad Hurley, watch more than 100 million videos a day.

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About the author

Erica Ogg is a CNET News reporter who covers Apple, HP, Dell, and other PC makers, as well as the consumer electronics industry. She's also one of the hosts of CNET News' Daily Podcast. In her non-work life, she's a history geek, a loyal Dodgers fan, and a mac-and-cheese connoisseur.

 

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