Twitch

Amazon.com Inc (NASDAQ: AMZN) announced a fresh round of job cuts Monday that are set to impact about 9,000 workers in the coming weeks. What To Know: In a new memo to employees, CEO Andy Jassy said Amazon plans to eliminate more workers as it continues to focus on cutting costs.  "...

Kai Cenat, a young Amazon.com Inc. (NASDAQ:AMZN) Twitch streamer, has just broken a record for most Twitch subscriptions with over 300,000 subscribers, making him one of the platform’s biggest names.  What Happened: The 21-year-old streamer broke the record for most Twitch subscriptions on...

One of the big ideas for Ark Invest is the continuation of video games having end-to-end virtual entertainment. Gaming fits into the ETF management company’s thesis that time spent on games and digital goods could continue. Here are the two gaming-related companies that are owned by Ark...

One of the largest retailers in the world could soon be among the companies exploring the world of non-fungible tokens. A new report pointed to an NFT initiative from Amazon.com, Inc. (NASDAQ: AMZN) coming this spring. Here are the details and what it could mean. What Happened: A new...

Amazon.com, Inc (NASDAQ: AMZN) was handed a fine by a court in Russia for its failure to remove proscribed content on Tuesday. What Happened: A Moscow court fined the Jeff Bezos-founded conglomerate 4 million rubles ($65,000) for failing to remove content related to...

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) isn’t known for its video game division, but that could change with another potential hit. What Happened: Amazon Games and Smilegate released a new massively multiplayer online role-playing game (MMORPG) called Lost Ark this week to people...

Video platform Rumble shared several company updates Wednesday, including new user metrics. What Happened: Rumble, which is merging with CF Acquisition Corp VI (NASDAQ: CFVI) in a SPAC deal, announced a deal with Matt Kohrs. Kohrs, who is well-known for coverage of popular stocks AMC...

One of the major storylines of 2020 and the COVID-19 pandemic was the boost of stay-at-home stocks that included video games. Up against tough comparable sales, video game stocks saw a strong 2021. Here are some of the top video game storylines and stock stories of the year. Amazon Gaming Gets A...

One of the top ten non-fungible token projects by all-time sales volume generated quite the buzz this week with two huge sales and one epic reveal party. What Happened: Mutant Ape Yacht Club launched in August with a collection of serums that were airdropped to Bored Ape Yacht Club holders. The...

Leading social media app TikTok could be taking on more rivals with a new feature that should appeal to gamers.  What Happened: TikTok Live Studio, a new feature being tested by TikTok, allows users to broadcast live footage from games and other desktop apps, according to...

Max Verstappen claimed his first F1 world championship title by overtaking rival Lewis Hamilton on the final lap of Sunday's Abu Dhabi Grand Prix.  Verstappen was able to catch and pass Hamilton after a late safety car restart. Although his victory could be in...

For years, Amazon.com, Inc. (NASDAQ: AMZN) has tried to build out a video game studio and create video games appealing to the masses. After several misses, Amazon might finally have a hit with the newly released “New World.” What Happened: Amazon released MMORPG “New World...

In 2014, Amazon.com, Inc. (NASDAQ: AMZN) shocked the gaming world with the acquisition of streaming company Twitch. Amazon paid $970 million and came in while Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) was also in talks. Twitch has been a dominant presence in the video game streaming...

Amazon.com announced the acquisition of the game streaming platform Twitch in 2014. The move has paid off well for Amazon.com as the leader in the U.S. market and also for shareholders who bought or held shares since the acquisition was announced. Twitch Acquisition: On Aug. 25, 2014,...

With so many new cryptocurrency projects hitting the market, it’s important for investors to know what they are holding. A recent example could be the fall of a coin backed by a popular social media influencer. What Happened: Adin Ross, who has 4.1 million followers on Amazon.com Inc (NASDAQ...