Who is UTube ? According to the website
UTube actually specializes in buying and selling Used Tube Mills, Used Pipe Mills and Used Rollforming Machines.UTube complained a few weeks back that the site was being downed by heavy traffic as users looking for YouTube landed on their site instead, presumably by typing the wrong domain name. This downtime cost them a great deal of money in lost customers, they said. How big was the traffic spike? They claim unique visitors went from 1,500 to over 2 million per month.
Owner Ralph Girkins claimed UTube has been forced to move hosts 5 times to cope with the traffic, with bandwidth bills increasing by a factor of 100, they claim. They registered the domain way back in 1996, so they have every claim to it – what’s more, they also argue that the UTube name is strongly tied to their identity.
Most commentators expected a music company to begin the first major lawsuit against YouTube – who would have thought a tubing supplier was the most likely candidate? Of course, the music labels were given a reason not to sue when YouTube offered them a part of the company immediately before being acquired by Google.
Are UTube in it for the money, or do they genuinely believe that YouTube is threatening their business? It is indeed a gift to find they suddenly owned a popular domain. The owner of UTube reported has turned down a $1 million dollar offer for the domain, and is holding out for $2.5 million to $3 million, or so he claims. UTube was highlighted in CNN Money titled
YouTube Is Killing My Business.
November 3rd, 2006 by financetwitter
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This guy projected Google will goto … (check it out):-
http://videos.marketclub.com//videos/mastergoogle/master45la9/?1419