26 August 2014

Amazon Buys Twitch For $970 Million (video)

Why Amazon's Spending $970M on Twitch: Video - Bloomberg
(Allow video to load after clicking play or go to link above)
Bloomberg’s Cory Johnson reports on Amazon acquiring video service Twitch for $970 million on “Street Smart.” (Source: Bloomberg Aug 25)

A Letter from the CEO - Twitch: "Today, I’m pleased to announce we’ve been acquired by Amazon. We chose Amazon because they believe in our community, they share our values and long-term vision, and they want to help us get there faster. We’re keeping most everything the same: our office, our employees, our brand, and most importantly our independence. But with Amazon’s support we’ll have the resources to bring you an even better Twitch."--Emmett Shear, CEO

Amazon Buys Twitch For $970 Million [UPDATE]
Jason Schreier
It's official: Amazon has purchased Twitch, following months of rumors that Google was looking to buy the video streaming ...


Amazon Grows Rapidly, Traditional Retailers Struggle, Should Brick and Mortar Retailers Partner ...
Google Google owns search. Except in one area, product searches. When it comes to product searches many prospective consumers start by going to ...
Amazon Pounces On Twitch After Google Balks Due To Antitrust Concerns - Forbes
Amazon Reaches a Deal for Twitch Streaming Service for Gaming - New York Times
Amazon to Buy Video Site Twitch for $970 Million - Wall Street Journal

CTV News

Apple will replace your defective iPhone 5 battery for free
A "small percentage" of iPhone 5 devices sold between September 2012 and January 2013 have faulty batteries that drain quickly, the electronics ...

Google Launches New 'Slides'
Juli Clover
Google today launched a new Google Slides app for the iPhone to ... Apple and Microsoft are doing a good job of this while Google seems to be stuck ...

The Next Battleground In The War Against Quantum Hacking | MIT Technology Review: "...in practice the equipment used to carry out quantum key distribution has a number of weaknesses that an eavesdropper can exploit to gain information about the messages being sent. Various groups have demonstrated how quantum hacking presents a real threat to “perfectly secure” communication. So in the cat and mouse game of information security, physicists have been fighting back by designing equipment that is more secure...."


Utah Area of Dinosaurs' Footprints Soon To Open For Public
This fall, the discovered fossilized dinosaurs' footprints will be displayed for general public in Utah. In 2009, a local found these fossilized tracks and the continued discovery of the new tracks made this site to have about 200 dinosaur tracks of around 10 ...

BBC News

LG bets on pricey OLED technology as future of TVs
SEOUL, South Korea (AP) — LG Electronics Inc. announced two new giant OLED TVs with ultra-high definition screens Monday, sticking with its strategy of using the exceptionally expensive OLED display technology. The South Korean company said it will ...

The News Ledge

Methane bubbling up off the East Coast
Boston Globe
NEW YORK — Scientists have discovered methane gas bubbling from the seafloor in an unexpected place: off the East Coast of the United States where the continental shelf meets the deeper Atlantic Ocean. The methane is emanating from at least 570 ...

CTV News

China Telecom leaks the iPhone 6 on Weibo
An official image of the upcoming Apple smartphone gets accidentally revealed by the Chinese carrier on China's version of Twitter...


China readies home-grown Windows sub for fall launch
The new operating system is expected to launch initially on desktops in October, with support for mobile devices coming later....


Motorola Moto E Smartphone Review
While budget smartphones don't get as much attention in the media as their flagship brothers, they're arguably more important globally. The businesses that manage to harness the entry-level market can see huge gains in sales and market share in key ...


PlayStation Network, Battle.net go down under DDoS
Hackers have taken down the PlayStation Network, Blizzard's Battle.net, and others, as well as grounding a flight carrying the president of Sony Online Entertainment.


VMware's vCloud Air Network Validates Hybrid Services from Partners
Converge Network Digest
VMware introduced its vCloud Air Network -- a collection of validated cloud services based on VMware technology and choice of cloud providers on a local basis. The idea is to be able to provision workloads to the public cloud or move existing workloads ...


Amazon Considers Ad Placement & Sponsored Links: Store Data Could Retailer ...
Latin Post
In an attempt to replicate the successful ad placement system of tech giants such as Facebook and Google, online retail company Amazon is looking at the feasibility of launching its own version of the income-generating system. According to Wall Street OTC, ...

Here Is Yahoo's Native Ad Network | Digital - Advertising Age: "Yahoo is bringing its native ads to other publishers' sites. Last year Yahoo adopted the low-hanging-fruit version of native advertising, a form of ad that aims to mirror surrounding editorial content. Unlike BuzzFeed's sponsored listicles or The New York Times' brand-penned posts, Yahoo's native "Stream Ads" more closely resemble Facebook's Sponsored Stories in that they refashion display ads as content links within its sites' content streams. Now Yahoo is extending these ads outside of its own properties through a content recommendation system that helps publishers promote their own stories...."

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