YouTube marks 10-year anniversary

Here is what you need to know about YouTube:

YouTube began as a venture-funded technology startup, primarily from a $11.5 million investment by Sequoia Capital between November 2005 and April 2006. YouTube’s early headquarters were situated above a pizzeria and Japanese restaurant in San Mateo, California.The domain name www.youtube.com was activated on February 14, 2005, and the website was developed over the subsequent months.

The first YouTube video, titled Me at the zoo, shows co-founder Jawed Karim at the San Diego Zoo. The video was uploaded on April 23, 2005, and can still be viewed on the site.

YouTube offered the public a beta test of the site in May 2005, six months before the official launch in November 2005. The site grew rapidly, and in July 2006 the company announced that more than 65,000 new videos were being uploaded every day, and that the site was receiving 100 million video views per day.

According to data published by market research company comScore, YouTube is the dominant provider of online video in the United States, with a market share of around 43% and more than 14 billion views of videos in May 2010.

YouTube says that 300 hours of new videos are uploaded to the site every minute,three times more than one year earlier and that around three quarters of the material comes from outside the U.S.

The site has 800 million unique users a month. It is estimated that in 2007 YouTube consumed as much bandwidth as the entire Internet in 2000. Alexa ranks YouTube as the third most visited website on the Internet, behind Google and Facebook.

The choice of the name www.youtube.com led to problems for a similarly named website, www.utube.com. The site’s owner, Universal Tube and 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 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. In December 2011, YouTube launched a new version of the site interface, with the video channels displayed in a central column on the home page, similar to the news feeds of social networking sites. At the same time, a new version of the YouTube logo was introduced with a darker shade of red, the first change in design since October 2006.

In May 2013, YouTube launched a pilot program to begin offering some content providers the ability to charge $0.99 per month or more for certain channels, but the vast majority of its videos would remain free to view.[49][50]

In February 2015, YouTube announced the launch a new app specifically for use by children visiting the site, called YouTube Kids. It allows parental controls and restrictions on who can upload content, and will initially be available on Google’s Android devices only.