Saturday, May 08, 2010

YouTTube FYI

YouTube is based in San Bruno, California and was created by three former PayPal employees on November 2006. The company uses Adobe Flash Video technology to accommodate various types of user friendly video content from movie clips, TV clips, music video, presentation, and video blogging. It started with amateur uploads from individuals yet later on was patronized even by businesses and professionals. As part of its expansion, YouTube established a partnership program with media corporation as UMG, CBS, BBC, and other organizations that offer some of their material for public and business viewing. Everyone can view their videos unless declared for private use by the uploader. Only registered members are allowed to upload. But in line with YouTube’s terms of service, videos with possible offensive content are only open for viewing to registered users over 18 years old. YouTube also prohibits the following types of video: pornographic, material encouraging criminal conduct, with copyright violations, and the like.

It’s undoubtedly a big hit! On February 2005, YouTube, LLC was bought by Google Inc. for $1.65 billion, and is now operated as a subsidiary of Google. The rest is history.

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