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…
The Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co Ltd (KRX:005935) patent war has become quite legendary with new twists and turns popping up with every passing week. That the tech giants finally agreed to drop all differences out of the US is clear. But what is irking Apple currently is the fact that it will…
Chris Garabedian, President and CEO Sarepta Therapeutics, Inc. (NASDAQ:SRPT), announced that the Phase IIb clinical study on its first product, eteplirsen, will have its results submitted to the FDA by the end of the year, with a launch slated for mid next-year if approved. He was speaking at the Canaccord Genuity 34th Annual Growth Conference…
McDonald’s Corp. (NYSE:MCD), which is currently the biggest restaurant chain by sales in the world, made an official statement, revealing that it intends to resume the sale of beef and chicken burgers in some Chinese cities. The company suspended the sale of some of its products two weeks ago, after one of its main suppliers…
