In major copyright law twist, YouTube/Google tastes victory in Viacom lawsuit

In an extraordinarily well greeted triumph in terms of copyright for YouTube, Google - the website's parent company - has won over media giant Viacom in a billion-dollar lawsuit that was filed over clips containing the company's copyrighted content.

The justice system, which has effectively saved YouTube from economic and legal ruin, ruled based on summary judgement - dismissing Viacom's $1 billion lawsuit against the internet giant.