According to "rumours" both Google and the omnipresent News Corp are looking to buy themselves a bit of video search site Blinkx.
Frankly, I hate Blinkx, thanks to its ultra-aggressive advertising campaigns where half the sites I use interrupt their broadcasts to shove me off to an advert and auto-playing video of some nonsense or other. Plus, on another level, all Blinkx really does is act as a front end for YouTube. So why on earth would Google want to buy something that's just hijacking the content it already paid a few billion for?
But anyway. Regardless of my negative outlook, shares in Blinkx rocketed by 50% today, as the market got wind of The Big Boys having an interest in the video search site - valuing the thing at £102m. Not bad for something a bloke started up himself in 2004.
(Via Reuters)
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