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Google Exec Speaks Of YouTube, "Imminent Profitability"
July 24, 2010, 8:03 amBeyond Google's second-quarter earnings report, there was bad news and semi-good news for the company's shareholders this week. The bad: YouTube, almost four years after Google spent $1.65 billion on it, still hasn't turned a profit. The good (if you believe it): the site is supposed to be in the black before long. According to Paul Kedrosky , Google executive Nikesh Arora said at the Fortune Brainstorm conference yesterday,
