YouTube2006 – In February 14, 2005, 3 former Paypal employees started a website that let you upload and share your video. YouTube brought a new idea of putting your creations on the internet. However, their creation got very popular. It cost a lot of money to run and the company couldn’t keep up with costs. Enter: Google. They purchased the site from the founders for $1.65 billion on October 9. Today marked the completion of this acquisition.
Subscribe to the Day in Tech HistorySubscribe to Day In Tech History:RSS Feed - iTunes - Android - Spotify - iHeartRadioFacebook - - RSS Bandwidth by Cachefly Get a 14 Day Trial- Join me on Patreon and support Day in Tech History *2007 – New York Times tears down their Walled Garden for Ad- supported content. * 1990 – Tim Bernes-Lee launched the first Web Page * 1989 – The first Make Money Fast scheme is uploaded to Usenet