04 Sep
Amazon chief financial officer Thomas J. Szkutak will be retiring in summer 2015 and will be replaced by the company’s vice president of finance for Amazon’s global consumer business, Brian T. Olsavsky. “It’s been a privilege for me to work with so many talented people who are continually inventing on behalf of customers, and now […]
26 Aug
Amazon has confirmed it is acquiring video game live streaming service Twitch for $970 million. The deal’s announcement comes after reports claiming Amazon would purchase Twitch for over $1 billion. Previous reports suggested YouTube was planning to acquire the service. “Broadcasting and watching gameplay is a global phenomenon and Twitch has built a platform that […]
07 Aug
Twitch has officially closed down Justin.tv, the video-streaming platform that led to its creation. Justin.tv was created in March 2007 by Justin Kan, who initially started the service as a way of livestreaming footage from a camera attached to his head. The platform would open up to other users later in the year, but the […]
25 Jul
Citing sources “familiar with the matter”, GamesBeat reports that Google is acquiring streaming video network Twitch in a deal worth $1 billion. This backs up a previous report in May from Variety, which said the acquisition was taking place, but The Wall Street Journal reported that the discussions between the companies were “at an early […]