Summary:

Faced with murmurs that YouTube was on track to lose almost $500 million for Google (NSDQ: GOOG), executives went on the offensive last summ…

Google presents new YouTube tools
photo: Corbis

Faced with murmurs that YouTube was on track to lose almost $500 million for Google (NSDQ: GOOG), executives went on the offensive last summer saying that the site was on a trajectory to become a “very profitable business” in the

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