August 13, 2022

YouTube (Ukrainian: Ютуб; from the English you "you" + tube "tube" "television" (slang: "television"); [juːt(j)uːb]) is a popular video hosting service that provides video hosting services. Founded on February 14, 2005 by three PayPal employees: Chad Gurley, Stephen Chaney, and Javed Karim. It is now a division of Google. As of August 2019, YouTube is the second most visited site on the Internet (according to Alexa Internet). Users can add, view and comment on certain videos. Thanks to its simplicity and ease of use, YouTube has become one of the most popular places to host videos. The service contains both professional and amateur videos, including video blogs. In October 2006, the video service was acquired by Google Inc. for $1.65 billion. The founder of YouTube, Chad Gurley, believes that the success of the company is not only that with the help of the site users can show their videos to the world; on YouTube you can easily find the video you want and recommend it to others. By January 2012, the number of daily video views on the site reached 4 billion, and in May of the same year, about 72 hours of video materials were uploaded to the site every minute. As of 2019, about 300 hours of video are uploaded to YouTube every minute, and the number of daily video views has reached 5 billion.

Company History

Founded on February 14, 2005 in the American city of San Bruno, California by designer Chad Hurley and programmers Steve Chen and Jawed Karim, who previously worked together at PayPal . According to one of the versions, the author of the idea of ​​the project was Karim, who was prompted to create the service by his own unsuccessful attempts to find a video on the Internet with the participation of Janet Jackson and Justin Timberlake. According to another version, the idea to create YouTube arose when Gurley, Chen and Karim wanted to exchange photos and videos taken during a party, and it turned out that there was no convenient service for posting videos on the Internet. After that, it was decided to create a site where users would be able to easily upload short videos, which would then be automatically transcoded into flash video format, which would allow the video to be viewed by most internet browsers. The first video continues