First YouTube, Now Facebook? Rumors Circulate

News of the Google YouTube acquisition wasn't even cold yet when a new rumor popped up in the blogosphere that Google is also in talks to outbid Yahoo! on the number two social networking site, Facebook, reportedly offering $2.3 billion.

Progress Made Towards Netflix Prize

A number of people were suspicious when the Netflix Prize was announced. $1 million isn't much of a reward, some complained, and others believed that it would be difficult to improve upon the site's movie recommendation algorithm. Now, a little over one week into the contest, three teams have already beaten the existing system.

YouTube Founders Giddy Over Google Deal

Chad Hurley and Steve Chen, cofounders of YouTube, prepared a short video message for YouTubers shortly after Google's $1.65 billion acquisition. In between young executive giggle fits, the unspoken message was clear: I'm rich, [insert Dave Chappelle expletive here].

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