Google Sees Video Investments Beyond YouTube

SAN FRANCISCO — Web search leader Google Inc.’s $1.65 billion deal to acquire Web video-sharing site is part of a broader strategy to invest in the emerging market online video, a top executive said Monday.

Google Chief Executive Eric Schmidt told investors and news reporters on a conference call following news of the deal that YouTube will be “one of many investments” Google plans to make in the video field…………More At….

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