Google Trumps Yahoo Again

Google has payed $1.65 billion for YouTube.com the largest user contributed video website on the net. This increases Google's dominance over Yahoo even further in the race to take over the world. Yahoo has been trying to play catchup also making offers for popular sites but it's not only Google that Yahoo has to watch, with other companies such as AOL and Microsoft gaining on them in other areas as well.
With Google also looking to break into radio, print and television advertising they just might own the world soon enough!

Yahoo in a rut as Google forges ahead
"Yahoo is the most popular Web site in the world, with more than 400 million monthly users, and a major seller of advertising for its own and other sites. Its management team, led by Terry Semel, a former Hollywood executive, is highly regarded for its discipline. But in recent months, the company has suffered some embarrassing setbacks, even as Internet executives note that it appears to have lost traction in many of its businesses." IHT.com

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