Topics: YouTube - Wikipedia
YouTube is an American video-sharing website headquartered in San Bruno, California. The service was created by three former PayPal employees – Chad Hurley , Steve Chen , and Jawed Karim – in February 2005. Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google's subsidiaries.
Karim said the inspiration for YouTube first came from Janet Jackson 's role in the 2004 Super Bowl incident , when her breast was exposed during her performance, and later from the 2004 Indian Ocean tsunami. Karim could not easily find video clips of either event online, which led to the idea of a video sharing site.  Hurley and Chen said that the original idea for YouTube was a video version of an online dating service , and had been influenced by the website Hot or Not.  
The choice of the name http://www.youtube.com led to problems for a similarly named website, http://www.utube.com. The site's owner, Universal Tube & Rollform Equipment , filed a lawsuit against YouTube in November 2006 after being regularly overloaded by people looking for YouTube. Universal Tube has since changed the name of its website to http://www.utubeonline.com.   In October 2006, Google Inc. announced that it had acquired YouTube for $1.65 billion in Google stock,   and the deal was finalized on November 13, 2006.