Report: Google Is Buying Twitch for $1 Billion

We've heard rumors that Google was in the market to buy Twitch—the game-streaming behemoth that's up there with YouTube—for a cool billion dollars, and now VentureBeat is reporting the deal's gone through.

If this is true, Google just took the pretty much the only other streaming service that was even close to being in league with YouTube, and snapped up, effectively cornering the video-game streaming market in the meantime. There's no word on whether the two would merge, or just co-exist peacefully along side each other. But it looks like one streaming video giant might not have been enough for Google. [VentureBeat]