Online social networks, such as News Corp.'s MySpace, are the fastest growing properties on the Web. YouTube combines a social network with video by enabling registered users to upload and share clips, join and create groups of people with similar interests, and subscribe to members' videos.
In negotiating the deal, Google engineers found a couple of dozen ways Google technologies could assist YouTube, such as in applying advertising to YouTube traffic and improving video search, Schmidt said.
"We don't lack from a set of ideas," he said. "Most people believe that this is just the beginning of an Internet video revolution. And there will be many ways in which that video gets uploaded, monetized, and copyrights respected, which another key component of the YouTube vision."
Content providers and some analysts have criticized YouTube for offering videos uploaded by users that include copyrighted material. The company has been signing ad-revenue-sharing deals with record companies and TV networks to address the problem. On Monday, the company announced deals with CBS Corp., Sony BMG Music Entertainment and the Universal Music Group. Google also announced its own separate deals with BMG and Warner Music Group Corp.
YouTube plans to launch by the end of the year technology that would enable copyright holders to search and find unauthorized content and remove it from the site, or leave it up and share ad revenue with YouTube. It's not clear, however, whether YouTube plans to remove illegal content on its own, or leave it up to copyright holders to notify them first.
Subsea cable alternatives can provide a level of comfort for those concerned about disruptions. Realistically, they will continue to play a small, but critical role in the short term.
Maintaining existing network infrastructures often incurs huge technical debt before newer technologies are adopted over time.
Amid ongoing regional uncertainties, telecom infrastructure in the Middle East has expand to include terrestrial low-latency network infrastructure, which offers resilience and agility in navigating political complexities without relying solely on undersea networks.
