Google/YouTube Price no problem

Google is certainly ambitious. The search engine’s $1.7bn purchase of YouTube has the gumption to match. The world’s biggest downloading service has potentially huge censorship and copyright problems that have yet to be sorted. It also barely generates revenue. Not only could Google have a tough time generating a return on its investment - it could be stepping in public relations or legal morass. Yet news of the deal has added $4bn to Google’s market capitalisation. Add to this the price for You...