Sony has decided to go ahead and join the rest of the world in trying to launch its own video sharing service. The company announced its plans at a news conference in Tokyo today, saying that the service will be launched on Friday, first in Japan and later expanded out to other countries, according to [...]
Google is buying video-sharing website YouTube for $1.65bn (£883m) in shares after a weekend of speculation that a deal was in the offing. The two companies will continue to operate independently, Google said as it announced the news on Monday.
YouTube, launched in February 2005, has grown quickly into one of the most popular websites [...]
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