Twitter is closing its live video streaming app Periscope
Twitter said Tuesday that it intends to close down Periscope, its spearheading live video-web based application, by March 2021.
Twitter purchased the startup behind Periscope in January 2015 of every an arrangement apparently worth up to $100 million, in the expectations that individual livestreaming video would praise its online media stage.
Yet, Twitter said in a blog entry Tuesday that Periscope's use has been declining in the course of recent years, and it is to where it has gotten too expensive to even consider maintaining the application.
“The Periscope app is in an unsustainable maintenance-mode state, and has been for a while,” the company explained. “Over the past couple of years, we’ve seen declining usage and know that the cost to support the app will only continue to ...