YouTube is a video sharing website on which users can upload and share videos. Three former PayPal employees Steve Chen, Chad Hurley, Jawed Karim created YouTube in February 2005. In November 2006, YouTube, LLC was bought by Google Inc. for $1.65 billion, and is now operated as a subsidiary of Google.
YouTube domain registered on February 14, 2005.YouTube is now 5 years old. It is celebrating its 5th Anniversary. YouTube changed the world in these 5 years. It provides live streaming to the users. We can say that, YouTube is now every person’s need who use internet.
“We succeed when our partners succeed – Our content partners run the gamut, from major Hollywood studios to aspiring filmmakers and vloggers who can turn the ordinary into something extraordinary on the turn of a dime. Content creation isn’t our business; it’s theirs. But breaking open access to media and distribution means delivering the world’s largest global audience and the revenue models they need to succeed, as well as the tools they need to control their content” said, Chad Hurley, Co-Founder & CEO, YouTube.
YouTube’s goal is to fast loading, high quality videos need to be able to play on any device, anywhere, anytime. Now YouTube is testing HTML5 technology, which allows videos to be viewed without Adobe Flash Player.
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