E-retailer Amazon.com is betting that it can make money on the latest internet fad.

It is buying the video live-streaming gaming network Twitch Interactive for the equivalent of around 750 million euros, including some retention agreements.

It is the largest deal in Amazon's 20-year history and will help it compete with Apple and Google in the world of online gaming.

Using Twitch people can send messages to competitors and each other as they watch video games being played online.

The fas…
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