Amazon will buy live video service Twitch in a deal valued at over $1 billion. Twitch had been in talks with Google, but they appear to have fallen through. This acquisition gives Amazon the ability to launch a live streaming service, and capitalize on its existing ecosystem. Go long now. Things could move quickly for Amazon. Read … Continue reading Amazon Wins The Race To Live Streaming TV, Expect Big Things
Hertz Global (HTZ) could be seeing some changes soon. Activist investor Carl Icahn announced that he may seek board representation and hedge fund Fir Tree Partners has called for the removal of Hertz CEO Mark Frissora - all on the same day that Hertz filed an 8-K withdrawing its financial guidance for the year. Hertz's … Continue reading Is A Proxy Fight On The Horizon For Hertz?