Stocks rose Friday, with Wall Street headed to a fourth week of gains ahead of the long holiday weekend.» Read More
Some of the names on the move ahead of the open.
Ethan Kurzweil, Bessemer Venture Partners, provides insight on Amazon's $970 million acquisition of video game streaming company Twitch.
*Digital Ally gains before bell, has tripled this month. NEW YORK, Aug 26- U.S. stock index futures were little changed on Tuesday, with investors finding few reasons to buy after a rally in the previous session that took the S&P 500 above 2,000 for the first time.
SAN FRANCISCO/ NEW YORK, Aug 26- Investors are looking over portfolios to make room for Chinese e-commerce giant Alibaba Group Holdings Inc's market debut next month- and that means some less attractive stocks that funds are holding might be shown the door.
SAN FRANCISCO/ LOS ANGELES, Aug 25- Amazon.com Inc tracked Twitch's evolution from scrappy guerrilla startup to one of the Internet's hottest media properties. Amazon's $970 million bet- its largest ever- underscores how a loyal and fast-growing following for live-streaming video has grabbed the attention of big brands.
Netflix hit an all-time high of $485.30 earlier on Monday, before easing to close at $480.93, up 0.4 percent on the day.
Amazon's acquisition of Twitch can help the firm to better engage consumers, says Edward Williams, Analyst at BMO Capital Markets.
SAN FRANCISCO, Aug 25- Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, marking the largest deal in the U.S. e-commerce company's 20- year history. It reflects Chief Executive Jeff Bezos' resolve to transform Amazon into an Internet destination beyond its core retail operations.
The all-cash deal will give Amazon an extraordinarily popular streaming video arm—one that could actually rival Google's YouTube.
Check out which companies are making headlines after the bell Monday: Amazon.com, Digital Ally & more
NEW YORK— Amazon is hoping to become the ESPN of video games. The e-commerce giant is buying streaming platform Twitch Interactive for $970 million in cash as it seeks to take part in video gaming's growth as an online spectator sport.
SAN FRANCISCO, Aug 25- Amazon.com Inc on Monday said it will buy live-streaming gaming network Twitch Interactive for about $970 million in cash, marking one of the U.S. e-commerce company's largest deals to date.
CNBC's Jon Fortt reports Amazon has purchased Twitch for $970 million. Amazon expects the deal to close before the end of 2014.
NEW ORLEANS— A New Orleans company is voluntarily recalling about 2.2 million beanbag chairs after the chairs were implicated in the suffocation deaths of two children. The New Orleans Advocate reports Ace Bayou Corp. announced the recall Friday along with the U.S. Consumer Product Safety Commission.
SAN FRANCISCO, Aug 25- Amazon.com Inc has agreed to buy live-streaming gaming network Twitch for more than $1 billion, the Wall Street Journal reported, citing two people familiar with the matter. Twitch and Amazon were not immediately available for comment.
Amazon is in talks to acquire Twitch, the live-streaming gaming network that Google had reportedly expressed an interest in buying, a tech blog said.
SAN FRANCISCO, Aug 25- 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.
Luxury fashion is making inroads in wearable tech as more designers develop stylish accessories and clothing aimed at tracking performance and health.
Nothing concentrates minds at a tech start-up like living in the middle of a price war between Amazon and Google. NYT reports.
Amazon is planning to develop its own software for placing advertisements online, The Wall Street Journal reported.