On October 9, 2006, it was announced that the company would be purchased by Google for US$1.65 billion in stock, which was completed on November 13. At that time it was Google's second-largest acquisition.YouTube was created in February 2005, when three friends, Jawed Karim, Chad Hurley, and Steve Chen came up with the idea of building a video sharing website when they couldn't find online videos about key events of interest at the time, like Janet Jackson's wardrobe malfunction at the 2004's Super Bowl, or the …October 2006

In October 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $2.31 billion in 2023). Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube.

How many videos were on YouTube in 2006 : 25 million

The number of videos available at the site surpassed 25 million in March 2006, with more than 20,000 new videos uploaded on a daily basis.

Did Google buy YouTube in 2006

MOUNTAIN VIEW, Calif., October 9, 2006 – Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction.

Why did Google buy YouTube in 2006 : The acquisition of the privately held YouTube will enable Google to thrive in one area of the Internet where it has so far failed to gain footing. According to Hitwise, which monitors Web traffic, has the lion's share of online video traffic.

YouTube was officially launched to the public on December 15, 2005. It quickly gained traction and became popular over the next year. In November 2006, just a year after its public debut, YouTube was acquired by Google for $1.65 billion in stock, which was a testament to its rapid rise in popularity.

YouTube

MOUNTAIN VIEW, Calif., October 9, 2006 – Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction.

What did Google do in 2006

On November 13, 2006, Google acquired YouTube for $1.65 billion in Google stock, On July 20, 2007, Google bids $4.6 billion for the wireless-spectrum auction by the FCC.YouTube averaged 100 million video views per day by mid-2006. Features like full-screen video view, subscriptions, video ratings, and personalized user profiles were added throughout 2005 and 2006, leading to various design and usability changes to the site layout and video player.YouTube

MOUNTAIN VIEW, Calif., October 9, 2006 – Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction.

Android

One acquisition monopolized the US prosecutors' attention (and 22 of the 64 pages in their complaint): Google's purchase of Android in 2005 for $50 million.

How big was Google in 2006 : comScore Networks reported that in January 2006, Google reinforced its status as market leader of the US search market with a 41.4% share of all searches submitted, up more than 6% versus January 2005. Yahoo! Search maintained the #2 spot in the ranking with 28.7% share of all searches, while MSN Search ranked third …

Who was Google CEO in 2006 : Eric Emerson Schmidt

Eric Emerson Schmidt (born April 27, 1955) is an American businessman and former software engineer who served as the CEO of Google from 2001 to 2011 and the company's executive chairman from 2011 to 2015.

When did Google hit $1 trillion

Nvidia's Path to $1 Trillion Came Quickly, But Wasn't the Fastest

Time to $1 Trillion Market Capitalization
Company	IPO Date	$1 Trillion Valuation Date
Google	Aug. 9, 2004	Jan. 16, 2020
Meta	May 18, 2012	June 28, 2021
Tesla	June 29, 2010	Oct. 26, 2021

From top left, clockwise: the 2006 Winter Olympics are held in Turin, Italy; Israel and Lebanon enter conflict; train bombings in Mumbai kill 209 people; Montenegro votes to declare independence from Serbia; the 2006 FIFA World Cup is held in Germany and is won by Italy; Gol Transportes Aéreos Flight 1907 crashes in …Eric Schmidt

Eric Schmidt, the former chief executive officer of Google, said he had explored a possible purchase of TikTok but has moved on from the idea of trying to acquire the popular video-sharing app from its Chinese owners.

Is Google worth $3 trillion : Google is officially a $2 trillion company.