Friday, October 29, 2010

YouTube Co-founder Hurley Stairs Down

YouTube co-founder Chad Hurley is stepping down as arch senior manager of the online video-sharing website.

Google paid for the YouTube website in 2006 for $1.65bn (1.03bn) and given then has been reporting more manage over the renouned site.

In a statement, Mr Hurley mentioned Google's Salar Kamangar had led YouTube's every day operations is to past two years whilst he had worked in an instructive role.

Mr Hurley mentioned he would go on to offer as an confidant to YouTube.

Mr Hurley founded YouTube in 2005 with Steve Chen and Jawed Karim. His co-founders have already left the firm.

Mr Kamangar will take over as YouTube CEO.

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