Tag Archives: amzn

Video: Amazon, Not Google, To Buy Gamer Site Twitch

Amazon.com, having presumably outbid Google, said on Monday that it’s reached an agreement to acquire Twitch, a popular live-streaming platform and community for players of video games. The price: $970 million. Google (GOOGL) and Google’s YouTube had been rumored for months to have been in talks with Twitch. There perhaps had been other bidders for the online video site, which says that it has 55 million users. “We chose Amazon (AMZN) because they

Newegg Is New Entrant In the Same-Day Delivery Field

The race for same-day deliveries just added a new player, with online retailer Newegg on Monday launching such service in the Los Angeles metropolitan area. It’s getting to be a crowded field. Amazon.com (AMZN) offers same-day delivery in at least 10 cities, including Los Angeles, San Francisco, Seattle and New York. When orders are placed before noon, customers can expect their purchases to be delivered that day via Amazon’s own fleet of delivery

Amazon, Cloud Rivals Wage Price War In ‘Land Grab’

Cloud-services providers are unlikely to throttle back their torrid capital spending despite an ongoing price war that took some steam out of Amazon.com’s Q2 earnings. Cloud-services leaders Amazon (AMZN), Google (GOOGL) and Microsoft (MSFT) are stepping on the accelerator as they aim to grab market share, analysts say. Amazon’s Amazon Web Services (AWS) cloud business is the biggest provider of infrastructure as a service (IaaS), where customers