Google has apparently bought out YouTube, which is a rather surprising move. Greg Linden predicts that this will be the point in history where people say that Google jumped the shark. While I don't think things are quite that extreme, I certainly don't fully understand this acquisition.
Perhaps the Google higher-ups have insights that we do not. Or perhaps Google felt like dropping 1.6 billion (with a b) dollars for no good reason. It should be interesting to see what happens to YouTube as things move forward. Will Google Video be rolled into the YouTube look and feel? Or vice versa?