Google (GOOG) is said to bet big with Twitch.tv. As cited by Variety, a preliminary deal is in talks to buy Twitch for more than $1 billion. It's apparently no secret that Google's latest M&A plans with disruptive technologies are poised to shake things up in various other types of markets.
"We completed another great quarter. Google's revenue was $15.4 billion, up 19% year on year", said Larry Page, CEO of Google. "We got lots of product improvements done, especially on mobile. I'm also excited with progress on our emerging businesses." Read the full story here.