On Monday, October 9, 2006, Google Inc. the Internet’s leading search engine declared its decision to purchase YouTube, the popular video-sharing site, for $1.65 billion in stock (assets). YouTube, which was started in February 2005, has quickly become the most famous of several online video sites. According to Internet research firm Hitwise, YouTube has approximately a 46 percent share of the online video market. 100 million videos are watched on the YouTube’s flash based site every day, including movie, TV clips and music videos, as well as amateur content. While Google has been riding away huge profits from the prospering search market, it could not become a major player in online video. The combination of Google and YouTube could increase Google’s power in online advertising, giving it an advantage over rivals such as Yahoo! (Charts), Microsoft’s (Charts) MSN and News Corp (Charts)., which owns the social networking site MySpace. Google had taken this decision speculating that the popular video-sharing site will favor it an increasingly advantageous marketing hub as more viewers and advertisers are migrating from television to the Internet. Google announced that two companies would be operated independently. As the Youtube’s agreement with Google appeared to be success, it announced new partnerships with Universal Music Group, CBS Corp. and Sony BMG Music Entertainment.
December 1, 2009
Google Acquisition of YouTube to Increase its Power in Online Advertising
Italy Won FIFA World Cup for Fourth Time
The 18th FIFA world cup 2006 was held from 09th June 2006 to 09th July 2006 in Germany. Sixty Four matches were conducted between 32 teams of different nations. The month of football in Germany attracted not only 3,359,439 spectators attending matches in the 12 wonderful stadiums (and Fan Fest millions) but also worldwide audience of more than 30 billion people. The World Cup was won by Italy by defeating France and clinched their fourth World Cup title. The winner of Adidas Golden Ball was Zinedine Zidane (France). Playing his last game before retiring, Zinedine Zidane’s career ended with bad reputation, as he was sent off for crazily colliding his head with Marco Materazzi (Italy) chest. He was expelled many times from matches for his violent conduct. He is one among the four persons who made three goals in World cup final matches. The winner of Adidas Golden Shoe is Miroslav Klose (Germany) as he had done five goals. Portugal’s flying winner Cristiano Ronaldo was another individual to flash as his team entered the last four for the first time since 1966.
Iraq War had Severe Impact on Environment
Even though there was serious opposition from millions of people around the world, and without the support of the United Nations, American and British troops invaded Iraq on March 19, 2003. The reasons for the preemptive attack by allied forces were Iraq’s failure to participate in UN-administered disarmament (reduction of weapons) agreement and the possible threat it posed to international security. However, the WMD (Weapons of Mass Destruction) report stated that the two credible reasons for invading Iraq are to take control over oil and to protect the dollar as the world’s reserve currency. This situation worsened in 2006. In 2006, there were many roadside bombings, military funerals, shattered mosques, wounded children, and prevailing violence, which feared people of Iraq. Many people of America are against to the war. Never in U.S. history there was such a huge military struggle, it spent $150 million a day, more than 2,300 American soldiers died and more than 17,000 U.S. soldiers were wounded. Many people in Iraq were dead and many were injured badly. The war in Iraq treated as War on Terrorism caused poverty and developed many environmental problems. There are both long term and short-term problems on many categories. Military movements and weapon application result in land degradation. The demolition of military and industrial machinery released heavy metals and other harmful substances and created air pollution. The radioactive substance Uranium was dumped in River Tigris and created water pollution.
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Steve Irwin “The Crocodile Hunter” Dead
On 4 September 2006, Irwin was unfortunately punctured in the chest by a stingray spine (backbone) while he was diving in deep sea at Batt Reef, which is located beside the coast of Port Douglas in north Queensland, Australia. He has a nickname “The Crocodile Hunter“. He was a famous Australian television personality, wildlife expert, and conservationist or environmental activist. He became worldwide famous with the television program The Crocodile Hunter, an internationally broadcast wildlife documentary series co-hosted with his wife Terri Irwin. Both of them co-owned and served Australia Zoo in Queensland. He was a dedicated conservationist, running a wildlife park for crocodiles and other Australian fauna; including kangaroos, koalas, and possums. He used some part of his wealth received from his Television programs to buy regions of land to use it as natural habitat for animals. In high-potential programs from Africa, America and Asia, especially his respected Australia, Irwin was always dressed in khaki shorts, shirt and heavy boots and crawled up on lions, chased and got chased by komodo dragons, and went eye-to-eye with poisonous snakes. Conservationists said that the entire world would experience the loss of Irwin, who turned a childhood love of snakes and lizards and knowledge into an idea of wildlife preservation that gained him more than 200 million television audiences. The 44-year-old Irwin was filming his own documentary, ‘Ocean’s Deadliest’ at Batt Reef, but weather had interrupted filming causing his death. Hundreds of people visited Australia Zoo to pay tribute to the expired entertainer and conservationist.
Saddam Hussein Executed
On November 5, 2006, Saddam Hussein, the dismissed President of Iraq was sentenced to death by hanging by the Iraqi Interim Government. He was captured by U.S. forces on December 13, 2003. He was sentenced to death by court for crimes against humanity and for the merciless killings in a Shiite town in the 1980’s. He killed 148 people in the Shia town of Dujail as the people attempted to assassinate him in 1982 during Iran–Iraq War. The former leader was upset and furious as the sentence was being passed, and continued to shout, criticizing the court, the judge, and the US-led foreign force in Iraq. Saddam Hussein was executed by hanging until death on December 30, 2006. His half-brother Barzan al-Tikriti and Iraq’s former chief judge Awad Hamed al-Bandar who were associated with the incident were also sentenced to death. After Saddam Hussein’s execution, Kurds beat giant drums rhythmically in traditional celebration, Shiite boys and men threw sweet and opened fire into the air in happiness. Bitter-faced Sunni men tightly holded Hussein’s portrait in one hand and a weapon in the other in sorrow. The United States largely supported and financed Hussein’s trial. US President George W Bush greeted the judgment as a “milestone” in the achievement of the Iraqi people “to replace the rule of a dictator with the rule of law”.