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YouTube is a video-sharing website headquartered in San Bruno, California. The service was created by three former PayPal employees in February 2005 and has been owned by Google since late 2006. The site allows users to upload, view, and share videos, and it makes use of Adobe Flash Video and HTML5 technology to display a wide variety of user-generated and corporate media video. Available content includes video clips, TV clips, music videos, and other content such as video blogging, short original videos, and educational videos.

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YouTube offers bonuses to top stars to beat rivals

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Google 's YouTube is in "fire drill" mode, according to a person close to the video service, The Wall Street Journal reported. YouTube is offering bonuses to some of the top video-makers to sign multiyear deals in which they agree to post content exclusively on YouTube for a time before putting it on a rival service.

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