Is Google Bracing for Legal Onslaught Against YouTube?
By Erika Morphy TechNewsWorld 11/10/06 11:08 AM PT Google CEO Eric Schmidt has denied a rumor that his company put aside half a billion dollars to settle expected copyright claims by media companies as part of a deal to acquire YouTube. Speaking at the annual Web 2.0 Summit, Schmidt said a recent blog post about the supposed legal deal was untrue.