Google denies setting aside a $500 million fund to cover expected YouTube suits

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Google denies setting aside a $500 million fund to cover expected YouTube suits

11-11-2006, 09:43 AM,

Post: #1

mandy Offline

Administrator

Posts: 9,932
Likes Given: 0
Likes Received: 6 in 5 posts
Joined: Feb 2011
Reputation: 0

Google denies setting aside a $500 million fund to cover expected YouTube suits

Quote:Google reportedly is setting aside a $500 million slush fund to cover copyright infringement claims likely to arise in connection with its YouTube.com acquisition. Google CEO Eric Schmidt denied the rumor at the Web 2.0 Summit...

The company might want to reconsider that position. As it proceeds with its takeover of the wildly popular Web site that allows anyone to post videos about anything, Google is opening itself up to a new level of legal exposure.

It acknowledged as much in its quarterly filing with the Securities and Exchange Commission...

full article: http://ecommercetimes.com/story/7Ydu1IyT...Tube.xhtml

« Next Oldest | Next Newest »

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	8 Ways to Use YouTube to Market Your Small Business	mandy	2	2,666	10-15-2008, 01:44 AM Last Post: regic
	YouTube Discovers Ecommerce	mandy	0	2,196	10-09-2008, 11:42 AM Last Post: mandy
	Is YouTube Killing Video Originality?	mandy	2	3,040	07-07-2008, 02:18 AM Last Post: BellisimaJ.
	Viacom demands YouTube remove 100,000 allegedly infringing videos	Kristijntje	3	3,398	05-28-2008, 10:55 AM Last Post: Kristijntje
	Will YouTube Ever Turn A Profit?	mandy	0	1,929	05-13-2008, 10:33 AM Last Post: mandy
	YouTube for E-Tailers	mandy	0	2,041	10-02-2007, 10:40 AM Last Post: mandy
	YouTube adds advertising to videos	mandy	0	2,161	08-23-2007, 08:19 AM Last Post: mandy
	YouTube Lowering The Bar For Idiots	mandy	1	2,400	07-16-2007, 04:10 PM Last Post: amy
	uTube sues YouTube	regic	5	8,275	06-14-2007, 02:10 PM Last Post: FiberGuy
	English Premier League files copyright infringement suit against YouTube	Kristijntje	0	2,301	05-06-2007, 09:59 AM Last Post: Kristijntje

Forum Jump:

Users browsing this thread: 1 Guest(s)