Google's video streaming service YouTube has reached an agreement to acquire the popular video game streaming website Twitch in a deal reportedly worth more than $1 billion. The deal is part of YouTube's increasing emphasis in live video. According to Variety, the all-cash offer is expected to be officially announced soon. If it comes to fruition, the acquisition will be the largest in the history of YouTube since the company was acquired by Google in 2006. Based in San Francisco, Twitch allows users to stream and monetize video game content, with revenue from advertisements and subscriptions to individual channels. The...

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