Thursday, November 16, 2006

Good Morning Silicon Valley: It depends on what the meaning of the word "million" is

Google reality check 

Turns out Google CEO Eric Schmidt wasn't lying when he told attendees of the Web 2.0 Summit that Google had not reserved $500 million of YouTube's $1.65 billion purchase price to resolve the copyright infringement claims that might be made against it. The company didn't set aside $500 million, it set aside $224 million.

Source: Good Morning Silicon Valley: It depends on what the meaning of the word "million" is

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