A popular free video-sharing
Web site that lets registered users upload and
share video clips online at the YouTube.com Web site. To view the videos you
are not required to register. Launched in 2005 by former PayPal employees, the
video-sharing site was acquired by Google Inc. in October 2006 for US $1.65
billion in Google stock. YouTube is currently based in San Bruno, CA and is a
subsidiary of Google, Inc.