2006 – In February 2005, 3 former Paypal employees start a website that lets you upload and share your video. YouTube brought a new idea of putting your creations on the internet. However, it cost a lot of money to run. Therefore, Google stepped in. They purchased the site from the founders for $1.65 billion. Today marks the completion of this acquisition.
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Other Technology History Facts
- New York Times tears down their Walled Garden for Ad- supported content.
- Tim Bernes-Lee launches the first Web Page
- The first Make Money Fast scheme is uploaded to Usenet
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