Exactly 8 years ago, a group of employees of PayPal embarked upon a project which would forever change the video watching and sharing. YouTube on 19th celebrated it's 8th years of being in existence.
In 2005, on this very day, YouTube beta was made available and was official launched in November 2005. Since then the site sky rocketed with 65,000 new videos being uploaded every day around July of 2006. The site was receiving 100 million video views per day. Google were quick recognize the potential of the video-sharing site, In October 2006, the search giant announced that it had acquired YouTube for $1.65 billion in Google stock. Today, more than 100 hours of video are uploaded to YouTube every minute and more then 1 billion people come to YouTube to satisfy their video watching needs.
10 interesting facts you should know about the most the biggest video-sharing site
Youtube was started by Chad Hurley, Steve Chen, and Jawed Karim, employees of PayPal were discussing about the limitations of video sharing at a dinner party and thus the idea of YouTube was borne.
Co-founder Jawed Karim uploaded the first YouTube video entitled as Me at the zoo.
Youtube was originally intended to be a video dating site and was to be called as Tune In Hook Up.
In March 2010, YouTube began free streaming of certain content, including 60 cricket matches of the Indian Premier League.
Only 22% of YouTube's traffic comes from USA. 78% from other countries.
The domain name YouTube.com was registered on Valentine's Day in 2005 led to problems for a similarly named website, www.utube.com. the owner of the site, Universal Tube & Rollform Equipment, filed a lawsuit against YouTube in November 2006 after being overloaded on a regular basis from people who tried to spell the video site's name phonetically. However, claim was dismissed. Universal Tube has since changed the name of its website to www.utubeonline.com.
YouTube turned the site upside down in 2010 as a prank.
More than 1,000 companies worldwide have mandated a one-hour mid-day break to watch nothing but funny YouTube videos.
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