Amazon Acquires Twitch for a Cool $970M Record Deal

eCommerce titan Amazon.com Inc. signed a hefty $970 million cash-deal with live-streaming gaming network Twitch Interactive.

The acquisition is the largest Amazon has inked in its 20-year history. It involves “some retention agreements” that will push the deal past the $1 billion-mark, sources close to the deal told Reuters.

The move is said to be in line […]

Microsoft Minecraft Deal Said to be Sealed Soon

Microsoft Corp. is in talks to acquire the Swedish maker of Minecraft, Mojang AB, for a whopping $2 billion.

According to people with knowledge of the discussions, the deal may be concluded within this week or more likely the nextBoth parties involved declined to comment on the matter.

Minecraft, a game about placing and breaking blocks to […]

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