Thursday, November 27, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
GoPro Camera Drones In The Worls: report
European Parliament Votes To Break Up Google
LG Electronics Streamlines Structure, Names New Presidents of Home and Mobile Segments
Microsoft Accidentally Anounced Acquisition Of Acompli
Microsoft Offers Massive Music Deals For The Holidays
ETRI Develops 10Gbps Internet Speeds Technology
New Asus Strix 7.1 Surround Gaming Headset Released
Twitter Tracks Apps Installed On Your Device, Introduces Offers
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 Home > News > General Computing > Amazon ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, August 26, 2014
Amazon Buys Twitch for $970 million


Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, as the company is trying to transform into an Internet destination beyond its core retail operations.

Twitch's format, which lets viewers message players and each other during live play, is garnering interest as one of the fastest-growing segments of digital video streaming, which in turn is attracting more and more advertising dollars.

The deal, expected to close in the second half of the year, is an unusual step for Amazon, which tends to build from within or make smaller acquisitions.

"Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that brings together tens of millions of people who watch billions of minutes of games each month – from The International, to breaking the world record for Mario, to gaming conferences like E3. And, amazingly, Twitch is only three years old," said Jeff Bezos, founder and CEO of Amazon.com. "Like Twitch, we obsess over customers and like to think differently, and we look forward to learning from them and helping them move even faster to build new services for the gaming community."

"Amazon and Twitch optimize for our customers first and are both believers in the future of gaming," said Twitch CEO Emmett Shear. "Being part of Amazon will let us do even more for our community. We will be able to create tools and services faster than we could have independently. This change will mean great things for our community, and will let us bring Twitch to even more people around the world."



Previous
Next
LG G3 Stylus Debuts At IFA        All News        JEDEC Releases LPDDR4 Standard
AMD Announces Heterogeneous C++ AMP Language for Developers     General Computing News      China Probes Microsoft Over Web Browser And Media Player

Get RSS feed Easy Print E-Mail this Message

Related News
Kindle Owners get Access To Washington Post app
Hachette and Amazon Reach Agreement On e-books
Amazon Launches Lambda Compute Service For AWS Programmers
Amazon Echo Speaker Listens To Your Voice
Amazon's Workforce Is Mainly Male, White
Amazon Takes On Google's Chromecast with Fire TV Stick
Amazon To Open First Physical Store: report
European Commission Investigates Amazon's Luxembourg Tax Deals
Amazon Purchases .buy Domain for 4.6 Million Dollars
Amazon Announces New Fire HDX, Fire HD Tablets And New Kindles
Amazon's Prime Instant Video Now Available on Android Phones
Amazon Fire Phone Now Available For 99 Cents

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .