"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Friday, October 06, 2006

Google to take over You Tube

Bill Gates calls Lord Patel to tell him ... but Everyone denies it.... GooTube ? US$1.6 Bn mentioned.

UPDATE late Saturday from NYT

Chad Hurley, a founder of the company, has said that he prefers to stay independent. “We’re not even thinking about being acquired or going public,” he said in a meeting with New York Times editors and reporters last month.

A spokesman for Google declined to comment. A spokeswoman for YouTube did not return calls for comment.

UPDATE 9th October

Deal agree at stated US$1.65 Bn. along with agreements with major content providers about Copyright , Sony , Warner, etc., As Google have their own Video this represents simply brand value.

at 10/06/2006 09:47:00 pm

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