According to this news in BBC News, Google is reported to be in talks to buy popular video-sharing website YouTube for $1.6bn (~856m).
For me, it would mean less choice for video bloggers and sharers for them to upload their videos. From the business point of view, Google is once again acquiring one of its ‘competitors’. In Alexa, at the time I am writing this google.com is ranked 3 with video.google.com having 3% of the traffic while YouTube is ranked at number 10.
It’s not like Google needs to do it, but they can. Especially if combining both of the techologies (Google Video + YouTube) could possibly increase the reliability and features of the service.
Nothing personal, it’s business. As a Google fan I might be a little bit biased. Anyone having comments are welcomed to do so.