In a spurious rumour mill that began over on the Techcrunch Blog, unfounded aspursions were cast about a possible Google takeover bid for YouTube valued at $1.6 billion. Phew!
On the other side of the mill wheel YouTube is rumoured to be considering rejecting it! They must be mad, who else other than the mighty Google would consider buying a video portal filled with copyright infringing material?
More as it breaks.