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Amazon Paid Almost $1 Billion for Twitch in 2014. It’s Still Losing Money.

@faun ・ Jul 31,2024

The live-video service Twitch, acquired by Amazon in 2014 for nearly $1 billion, has seen slowing user growth and remains unprofitable despite periods of popularity. Employees are anticipating layoffs and changes at the company in the near future.

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FAUN.dev() is where engineers from GitHub, Netflix, and Shopify go to stay ahead — fast.

An effortless, straightforward way to keep up with technologies...so you can keep your tabs closed and your mind open!
70,000+ developers already joined ⭐⭐⭐⭐⭐
Trusted by developers at
Google • Microsoft • AWS • Netflix
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