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Thursday, 2 October 2008
YouTube
YouTube took blogging and the expression of ideas via the internet a step further with its video-based social networking site. This Web 2.0 phenomenon, created by three former PayPal employees in 2005, has redefined how people consume media and has created its own culture. The YouTube family has hundreds of thousands of dedicated users who constantly share content. In 2006, the site sold to Google for a record $1.65 billion dollars, certifying it as one of the hottest internet products today.
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