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Tuesday, October 10, 2006

Googles takeover of youtube.

The two companies even share a common financial bond: Sequoia Capital, an early Google investor that owns a roughly 30 percent stake in YouTube. Menlo Park-based Sequoia remains a major Google shareholder and retains a seat on the company's board -- factors that might have helped the deal come together after just a week of negotiation. YouTube has drawn less flattering comparisons to the original Napster, the once-popular music sharing service that was buried in an avalanche of copyright infringement lawsuits filed by incensed music companies and artists. While most videos posted on YouTube are homemade, the site also features volumes of copyrighted material -- a problem that has caused some critics to predict the startup eventually would be sued into oblivion.
Business Week wonders how quickly the acquisition of YouTube will increase Google’s risk of copyright suits.
The guys who make the Geek-a-Cycle computer work-and-exercise station want you to know that neither the computer nor the model is included.

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