Google Inc. (Nasdaq: GOOG, GOOGL) already owns YouTube, which dominates online video. So why is Google buying Twitch, a Web site that mostly just live streams people playing video games?
While the deal isn't official yet, many news outlets have reported that Google wants to buy Twitch for $1 billion. What many don't realize is how big the live streaming of online gaming has become.
Google Inc. (Nasdaq: GOOG, GOOGL) already owns YouTube, which dominates online video. So why is Google buying Twitch, a Web site that mostly just live streams people playing video games?
While the deal isn't official yet, many news outlets have reported that Google wants to buy Twitch for $1 billion. What many don't realize is how big the live streaming of online gaming has become.
