Twitch, Amazon’s (AMZN) live video game streaming site, expired all user passwords, saying some may have been compromised. In a Twitch blog post Monday, the streaming site said there “may have been unauthorized access to some Twitch user account information.” So it’s expired passwords and disconnected accounts from Twitter (TWTR) and Google (GOOGL) YouTube. Amazon paid $970 million last year to acquire Twitch, with the steep price a sign of the
If cash is king, then Microsoft (MSFT) wears the crown. Among companies in the S&P 500, Microsoft had the highest amount of cash and short-term marketable securities as of the end of Q4, to the tune of $90.25 billion, reports FactSet Research. General Electric (GE) is close behind Microsoft, followed by Google (GOOGL) and Cisco Systems (CSCO). Cash and short-term investments among all companies in the S&P 500 is at a record high $1.43 trillion.
SpaceX and Google are helping ignite a new space race that will fuel billions of dollars in revenue and has attracted a big infusion of venture capital funding. Google (GOOGL) and Fidelity Investments upped the ante in January with a $1 billion investment in SpaceX, which gave the rocket-ship maker a valuation near $10 billion. That same week, San Francisco-based Planet Labs, a maker of mini-satellites, announced that it raised $95 million from