25th August 2014
Amazon buys Twitch for £585m

Amazon bought video-game streaming service Twitch for $970m (£585m).

It was reported that Google's YouTube were in late-stage acquisition talks for a similar amount earlier in the year.

Twitch (formerly known as Twitch.tv) was founded in 2011 and allows users to watch other people play video games.

As of July 2014, the service had over 55 million unique monthly viewers.