Amazon.com, Inc. (NASDAQ:AMZN) announced on Monday that it had acquired Twitch for $970 million. What is it about the video game streaming platform that had major companies like Amazon and Google Inc (NASDAQ:GOOGL) vying for its hand? Twitch is an exponentially growing video game live streaming website The operative word here is ‘exponentially growing’. Twitch…
Amazon.com, Inc. (NASDAQ:AMZN) announced on Monday that it had acquired the live streaming gaming website Twitch for $970 million in cash. The deal is one of the costliest for the online retailer and is expected to be closed by the end of this year. Amazon chief Jeff Bezos commented that his company and Twitch are…
Amazon.com, Inc. (NASDAQ:AMZN) is reportedly developing a Google Inc (NASDAQ:GOOGL) AdWords like advertising software. Amazon has already tested the waters with a small ad business on other websites and is making plans to expand the model by employing newer and better ads. While Google is clearly the current market leader in the advertising world, such…
With no end in sight for Hachette’s long drawn out pricing battle with Amazon.com, Inc. (NASDAQ:AMZN), Donna Tartt’s ‘The Goldfinch’ might be the silver lining in dark cloud looming over the publisher. Trouble has been brewing in the book world since this May as Amazon and Hachette could not agree how to split the revenues…
Ever wonder how Amazon.com, Inc (NASDAQ:AMZN) has the uncanny knack to recommend the product that you were about to look for, as if it had read your mind? Say hello to Big Data. It is the next big thing and it is here to stay. Big Data is the process of finding patterns in huge…
Verizon Communications Inc. (NYSE:VZ) defended its decision to slow data downloads for some customers using older unlimited data plans, telling U.S. regulators it was a “widely accepted” and lawful part of network management. In a letter dated Aug. 1, Verizon responded to U.S. Federal Communications Commission Chairman Tom Wheeler, who last week wrote Verizon Wireless…
