(At eBaum's World, this event is referred to as “The Apocalypse.”) The great wheel of capitalism spins ever forward, and so Variety reports that YouTube is planning to buy Twitch for more than $1 billion. “What is Twitch?
In February, we reported that Twitch ranked fourth in peak internet traffic in the U.S., which put it ahead of Valve, Facebook, Hulu, and other huge internet companies. It accounted for 1.8 percent of peak internet traffic. Google, by comparison, came
Twitch is a video service that lets XBox or Playstation 4 gamers live-stream their gameplay to thousands of viewers simultaneously. More than one million people recently teamed up on the site to beat a Pokemon game after
According to "sources familiar with the pact", Variety is reporting that Google (specifically, YouTube) has already reached a deal to buy game streaming service Twitch. For, oh, $1 billion. UPDATE: The Wall Street Journal
AT&T may not be the only one landing a big acquisition this weekend. Variety claims that Google's YouTube division has struck a deal to buy Twitch, the game-focused video streaming service, for more than $1 billion. Neither