The rumor is over, the deal has been accepted. Google bought YouTube for 1.65 billion dollars.
I really don`t care about their copyright problems as long as that doesn`t influence the end user. All videos should be for free!
By the way Google should buy Yahoo with it`s Flickr, as It`s a tough decision to choose between Flickr and Picasa for photo sharing. Now I decided to use Flickr (my Picasa album is full, and I cannot expand it from outside US) as Flickr is more flexible, but I know that someday Google will make Picasa better and better and someday we could switch..
full article: http://www.boingboing.net/2006/10/09/google_buys_youtube_.html