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May 19th, 2014

Google to Acquire Twitch for $1 Billion

Here’s BBC’s version of tonight’s news story about Google’s proposed $1 billion acquisition of Twitch; you can find many more stories of equally pricey deals during the last few years. (Amazon ended up buying Twitch in August 2014 for $970 million). There’s no point in pontificating about a new Internet bubble. The maneuvering of high…