Saturday, 2 February 2013

Youtube: A Video-Sharing Webite

YouTube is a video-sharing website, created by three former PayPal employees in February 2005, on which users can upload, view and share videos.


YouTube was founded by Chad HurleySteve Chen, and Jawed Karim, who were all early employees of PayPal.Hurley had studied design atIndiana University of Pennsylvania, while Chen and Karim studied computer science together at the University of Illinois at Urbana-Champaign.


 In November 2006, YouTube, LLC was bought by Google for US$1.65 billion, and now operates as a subsidiary of Google.


                                               From left to right: Chad HurleySteve Chen, and Jawed Karim


In March 2010, YouTube began free streaming of certain content, including 60 cricket matches of the Indian Premier League. According to YouTube, this was the first worldwide free online broadcast of a major sporting event.[36]

On March 31, 2010, the YouTube website launched a new design, with the aim of simplifying the interface and increasing the time users spend on the site. Google product manager Shiva Rajaraman commented: "We really felt like we needed to step back and remove the clutter." In May 2010, it was reported that YouTube was serving more than two billion videos a day, which it described as "nearly double the prime-time audience of all three major US television networks combined". In May 2011, YouTube reported in its company blog that the site was receiving more than three billion views per day. In January 2012, YouTube stated that the figure had increased to four billion videos streamed per day.
In October 2010, Hurley announced that he would be stepping down as chief executive officer of YouTube to take an advisory role, and that Salar Kamangar would take over as head of the company.
In April 2011, James Zern, a YouTube software engineer, revealed that 30 percent of videos accounted for 99 percent of views on the site.


PS: Currently You tube is legends of all the video sharing sites on internet, it would be amazing fact if any young ideas would beat Youtube's experience and currently it is toughest task of the world to beat legends like you tube.

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