News Short: Twitter to shut down Periscope by March

Platform Industry News: Twitter

Twitter Inc on Tuesday said it would shut down live-streaming app Periscope, and it purchased in 2015, because of declining usage within the past couple of years and high supporting costs.

The mobile app was in “an unsustainable maintenance-mode state” for a while, Twitter stated in a blog post.

Most of Periscope’s core capabilities have been incorporated into Twitter and the company plans to eliminate it from app shops by March 2021.

Broadcasts which were shared with Twitter will stay on as replays and consumers will be able to download an archive of their Periscope broadcasts and data until the app is eliminated, the company said.

The team at Platform Executive hope you have enjoyed this news article. Initial reporting via our official content partners at Thomson Reuters. Reporting by Jonathan Landay. Editing by Steve Orlofsky.

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