Social Networking news and information

Yes, YouTube was purchased by Google.  You've heard about it.  I'm not going to bore you with another article announcing it.  If you don't know anything about it, I wrote on it here, and so did these people:

Associated Press, The Universal Desktop, TechCrunch, rev2.org, SeekingAlpha Internet Stocks, Susan Mernit's Blog, MarketWatch, VentureBeat, Bloomberg, Business Filter, Virtual Economics, Things That, Silicon Valley Watcher, Rodrigo A. Sepúlveda Schulz, Ryan Stewart, Bloggers Blog, Elliott Back, Andy Beal's Marketing Pilgrim, Slashdot, Download Squad and Niall Kennedy's Weblog

And, I will respect you enough not to list the rest of the sources I found, LOL  Suffice it to say, it got a great deal of coverage.  If you want to read EVERYTHING from influential bloggers, take a look at TechMeme's permalink here.

YouTube's UK Growth
YouTube has seen significant growth in the UK, especially when compared to Google Video.  See the chart from The UK Telegraph:




As you can see, while more ad real estate was a factor in the YouTube purchase, eyeballs were a primary focus.  Yes, I understand the UK stats are for the UK, but they are, indeed, representative of US stats as well. 

YouTube has a wide lead on any other video site here, just ask Google Video.