Alphabet Has New Plans for YouTube

Published by
The Street

By Tony Owusu Google — now Alphabet — scored one of the best acquisitions in Silicon Valley history with its purchase of YouTube for $1.65 billion back in 2006. Successful Silicon Valley companies tend to follow a certain pattern. Get big. Go shopping. Not long the original idea that made companies like Amazon, (AMZN) – Get Amazon.com Inc. Report, Facebook (META) – Get Meta Platforms Inc. Report and Uber (UBER) – Get Uber Technologies Inc. Report household names, the companies pivoted into industries outside of their original spheres of interest.. Facebook purchased Instagram to expand its s…

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