Twitter Discontinues the Livestreaming App In December 2020, Twitter announced plans to shut down its video streaming-focused Periscope app. Periscope was pulled from app stores, and the platform formally shut its doors on March 31, 2021. In its announcement on Medium, the Periscope team explained the decision was caused by several factors:To get more news about moonlive, you can visit official website. Kayvon Beykpour and Joe Bernstein founded Periscope in 2014. It, along with Vine and Meerkat, represented video streaming applications that operated outside the major social media platforms. Periscope users created a profile similar to that of Twitter. The app accessed the user's smartphone camera to livestream video to followers. Viewers could send "hearts" during the broadcast to show appreciation. Periscope received a lot of attention upon its launch, gaining 10 million visitors within 4 months according to Wikipedia. Like many other apps, it changed how people viewed and engaged with their media. For example, some critics were upset that people could livestream pay-per-view events, circumventing viewing fees. Other entertainment venues, such as the NFL, became early adopters, streaming unique programs on Periscope. Beykpour came up with the idea for Periscope in 2013 when he was traveling in Istanbul. While on his trip, protests broke out in Taksim Square. He turned to Twitter to find out what was going on. That's when he realized that while he could read about the protests, he couldn't see them. Smartphones were near-ubiquitous then, so the technology existed for people to record videos, there was just no practical platform to share them on. Beykpour worked with friend and co-founder Bernstein to produce the live-streaming platform that became known as Periscope. They joked that the platform was a "teleportation service." Periscope allowed people to share what was happening around them at that moment with anyone in the world. It didn't take long for the startup to attract interest from bigger social media companies. Just 11 months after Periscope was founded, and before it had formally launched, Twitter purchased the platform in an estimated deal worth between $75 million and $100 million.