G buys YT

Google buys YouTube.

Is a buyout an admission that Google Video got their asses kicked in?

Not sure about the price, but it makes some sense. No media company is going to touch YouTube with a ten foot pole and the biggest cost for YouTube is bandwidth, which Google has gobs of.

Does this mean I have to find another source for my Daily Show/Colbert Report fix?

Now about those copyrights…

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