Amazon.com Inc is in discussions to acquire Twitch, the live-streaming gaming network that Google Inc had reportedly expressed an interest in buying, tech blog The Information reported on Monday, citing two people familiar with the matter. Amazon is in "late stage talks" with Twitch but it was unclear whether the two parties had signed an agreement, The Information reported. Twitch and Amazon were not immediately available for comment.Various media first reported in May that Google had sealed an agreement to purchase Twitch for $1 billion, but a deal was never confirmed.San Francisco-based Twitch allows consumers to broadcast live-streams of themselves playing videogames. Its social networking features allow viewers to communicate with each other and the featured gamer during broadcasts. The company says more than 45 million gamers visit its site every month.Video games are among the most popular content on YouTube, the world's No. 1 video website owned by Google. In September, Twitch raised $20 million in funding from Thrive Capital, WestSummit Capital and Take-Two Interactive Software Inc , among other parties.
Amazon.com, Inc. (Amazon.com) serves consumers through its retail websites and focus on selection, price, and convenience. Shares of AMZN traded higher by 1.03% or $3.41/share to $335.00. In the past year, the shares have traded as low as $279.33 and as high as $408.06. On average, 3789660 shares of AMZN exchange hands on a given day and today's volume is recorded at 1439998.
Google Inc. (Google), is a global technology company. Shares of GOOG fell by 0.32% or $-1.89/share to $580.67. In the past year, the shares have traded as low as $502.80 and as high as $604.83. On average, 1589460 shares of GOOG exchange hands on a given day and today's volume is recorded at 996639.
Take-Two Interactive Software, Inc. is a developer, publisher and marketer of interactive entertainment for consumers worldwide. Shares of TTWO fell by 0.58% or $-0.13/share to $22.20. In the past year, the shares have traded as low as $15.99 and as high as $23.67. On average, 1649040 shares of TTWO exchange hands on a given day and today's volume is recorded at 515801.
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