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Amazon to pay US$970m in cash for Twitch

It's Web retailer's 2nd biggest buy, after Zappos.com in 2009

[SAN FRANCISCO] Jeff Bezos is ramping up Amazon.com Inc's entertainment ambitions, buying video-game service Twitch Interactive Inc in one of its biggest-ever acquisitions.

Amazon is paying US$970 million in cash for the online gathering place for gamers. The deal, which trumped Google...

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