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…
Facebook Inc (NASDAQ:FB)’s Chief Executive Officer Mark Zuckerberg is one happy customer as his recent costly conquest, Whatsapp, has reached a monthly active user base of 600 million users. Chief Executive Officer and founder of Whatsapp, Jan Koum, tweeted about the news of the milestone on Sunday. Whatsapp’s growth has been phenomenal this year after…
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…
A United States Court ruled in favor of BlackBerry Ltd (NASDAQ:BBRY) last Saturday in its patent infringement lawsuit over Typo’s keyboards. A preliminary injunction against the sale of Typo’s Apple Inc. (NASDAQ:AAPL) iPhone keyboards was granted in March this year after BlackBerry filed a lawsuit with the United States District Court of the Northern District…
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…
