The videogame-streaming site will be the latest to enter the Google fold.
http://www.nintendoworldreport.com/news/37464/youtube-to-acquire-twitch
YouTube, owned by Google, is set to acquire videogame-streaming site Twitch.
Variety reports that the $1 billion dollar acquisition is expected to be announced soon, sources within the merger are saying. U.S. regulators within the Justice Department are expected to challenge the deal as YouTube's status as the top platform for videos online brings to question anti-competitive issues online.
Both YouTube and Twitch have not commented on the reports.
And I don't think this merger will be blocked, even though it kinda should be. US Gov doesn't really know how the internet works.
And I don't think this merger will be blocked, even though it kinda should be. US Gov doesn't really know how the internet works.
That's hilarious. They know how it works better than we do. Just not social media and video services.
And I don't think this merger will be blocked, even though it kinda should be. US Gov doesn't really know how the internet works.