Microsoft scores minority deal with Facebook for $240 million

October 24, 2007

News: Microsoft beat Google in buying a minority stake (of $240 million) in the social networking site Facebook. The deal valued Facebook at a whopping $15 billion. That’s awesome for a company 4 years old. (More)  Tech Crunch has the press conference and the press release available here.

Analysis: A definite coup for Microsoft.

Google + Microsoft vie to buy stake in Facebook

October 24, 2007

News:  Bloomberg reports that both Google and Microsoft are vying to buy a minority stake (5 percent) in the social networking site Facebook, which would value the company at $10 to 15 billion. (More)

Analysis:  Wow, I wonder who will win the bidding (if anyone).  If Google got a foothold in Facebook, it would be even more formidable.

Aussie PM John Howard runs election campaign on YouTube

October 24, 2007

News:  Australian Prime Minister John Howard has already posted seven videos on YouTube in his capacity as Prime Minister.  Now, he’s running his re-election campaign on YouTube, too — altough so far the video has received only 8,000 views.  (By contrast, Ron Paul in the US election gets over 85,000 views on average per video.)

Analysis: Hmmm.  Is it possible that YouTube will help to decide the next leader of both the United States and Australia?  All of the US presidential candidates have their own channel on YouTube (with Ron Paul in the lead).  It will be fascinating to watch if there’s a single “YouTube moment” that shapes the entire campaign.

Robert Tur copyright case dismissed as he requested, over YouTube’s opposition

October 24, 2007

News: Robert Tur (of LA News Service who shot the famous footage of Reginald Denny’s beating) was the first person to sue YouTube for copyright infringement. Well, after other plaintiffs (with deeper pockets) later sued YouTube in other jurisdictions, Tur decided to have his case dismissed to join one of the class action suits in New York. That way, Tur won’t have to pay legal fees himself, but can free ride on the work of the attorneys already in the case.

In a somewhat unusual move, YouTube opposed the dismissal, basically desiring the case in California to proceed forward (or presumably have Tur’s claims completely extinguished). The district court, however, ruled in favor of Tur, allowing him to join the other case in New York. (More)

Analysis: YouTube probably felt relatively good about its chances of prevailing in California and hoped to score a first victory that could influence other courts. We’ll now see which court will be the first to decide in 2008.

For more about all the copyright cases against YouTube, visit here.

Mia Rose sings “Bubbly” on YouTube

October 24, 2007

Chad Hurley and Steve Chen meet Bill Clinton

October 24, 2007

News: Bill Clinton touts YouTube’s new non-profit program.  For more about the program, visit my earlier post.

Analysis: The Resident took this video. Apparently, the lighting was too strong because the picture looks washed out — until the very end, when the picture suddenly looks great.