Why is Twitter shutting down its live-streaming app Periscope? Know

New Delhi: Twitter on Wednesday introduced to discontinue its live-streaming service Periscope as a separate cellular app by March 2021.

The corporate will, nevertheless, proceed to supply dwell video streaming by its built-in Twitter Stay characteristic inside the primary app.

“The reality is that the Periscope app is in an unsustainable maintenance-mode state, and has been for some time. Over the previous couple of years, we have seen declining utilization and know that the fee to help the app will solely proceed to go up over time,” the Periscope group stated in an announcement.

“Leaving it in its present state is not doing proper by the present and former Periscope group or by Twitter”.

Twitter purchased Periscope in March 2015 earlier than the product had been publicly launched. The Periscope app for Android and iOS was developed by Kayvon Beykpour and Joe Bernstein.

Sources then stated the acquisition quantity was “sizeable”, above $50 million. Some stated it fell between $75 and $100 million.

Twitter stated that it plans to take away Periscope from the app shops by March 2021 and nobody will be capable of create a brand new account in-app beginning with the following launch.

“Broadcasts that have been shared to Twitter will dwell on as replays, and all broadcasters will be capable of obtain an archive of their Periscope broadcasts and knowledge earlier than the app is eliminated in March 2021,” the micro-blogging platform stated.

In accordance with Twitter, the corporate has moved “a lot of the core capabilities of Periscope” into Twitter Stay.

In June 2018, a Turkish court docket banned Periscope for violating the copyright of the Turkish firm known as Periskop. Periscope had been actively utilized by the Turkish opposition till an preliminary ban was put in place in April 2017, weeks earlier than a constitutional referendum to increase presidential powers.

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