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Techmeme
May 19, 2014, 9:20 AM
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Todd Spangler / Variety:
YouTube to Acquire Videogame-Streaming Service Twitch for $1 Billion: Sources  —  Deal would be biggest ever for YouTube  —  Google's YouTube has reached a deal to buy Twitch, a popular videogame-streaming company, for more than $1 billion, according to sources familiar with the pact.
The Verge:
Twitch chooses Google over Microsoft amid multiple buyout offers  —  Video game streaming startup believes YouTube is its best bet for mainstream success  —  YouTube is indeed close to securing a $1 billion buyout of live streaming service Twitch, and will have fended off multiple suitors including Microsoft …
Eric Johnson / Re/code:
Why a YouTube-Twitch Marriage Makes Sense  —  Google may or may not be buying Twitch for a big pile of money.  —  Okay.  So what is Twitch, and why would Google want to buy it?  —  Twitch is a fast-growing service that lets people - mostly men — watch livestreams of other people — mostly men — playing videogames.
More: The Verge and Ubergizmo.  Tweets: @ccheever, @pkafka and @panzer
AT&T:
AT&T agrees to acquire DirecTV in stock-and-cash deal for $95 per share  —  AT&T to Acquire DIRECTV  — Creates Content Distribution Leader Across Mobile, Video & Broadband Platforms  — The premier pay TV brand with the best content relationships now poised to deliver video to multiple screens …
Natasha Singer / New York Times:
Biometrics pioneer cautions against unfettered proliferation of face recognition technology  —  Never Forgetting a Face  —  Joseph J. Atick cased the floor of the Ronald Reagan Building and International Trade Center in Washington as if he owned the place.  In a way, he did.
More: Ubergizmo and The Verge
Laura Hazard Owen / Gigaom:
As Amazon's fight with book publisher Hachette continues, criticism from authors and others grows  —  It's been a week since it became clear that Amazon is delaying shipments of publisher Hachette's print titles, likely due to a fight over terms.  As Amazon continues to ship many Hachette print titles …
Quentin Hardy / New York Times:
IndoorAtlas publicly maps a building's interior for free, charges $99/month to keep it private  —  Mapping Our Interiors  —  Sure, that's your office cubicle.  Your corner store.  Maybe even the layout of your furniture in your living room.  But that doesn't mean that soon we won't all be peering at it, too.
More: Internet2Go.  Tweets: @randydeutsch
Arik Hesseldahl / Re/code:
In Letter to Obama, Cisco CEO Complains About NSA Allegations  —  Warning of an erosion of confidence in the products of the U.S. technology industry, John Chambers, the CEO of networking giant Cisco Systems, has asked President Obama to intervene to curtail the surveillance activities of the National Security Agency.
Ernesto / TorrentFreak:
Encrypted Internet Traffic Surges in a Year, Research Shows  —  Over the years we have been following various reports on Internet traffic changes, mostly focusing on file-sharing traffic.  —  A new report published by Sandvine this morning sheds light on the most recent developments.

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From Mediagazer

Bloomberg:
Jared Kushner's Affinity Partners is exiting from Paramount's takeover bid for WBD, citing changed investment dynamics since it joined the bid in October

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

Jake Kanter / Deadline:
The UK government begins its review of the BBC's charter, set to expire in 2027, as ministers consider licence fee reforms and allowing more commercial revenue

More News

Earlier Picks

Dante D'Orazio / The Verge:
Facebook is reportedly building a new Snapchat competitor
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