Twitter confirms buying Periscope streaming service March 14, 2015 - 10:25 AMT PanARMENIAN.Net - Twitter has confirmed that it owns live streaming service Periscope, Digital Spy reports. Earlier this week, it was rumoured that the microblogging site had acquired Periscope for around $100 million. Although Twitter has not divulged the exact price it paid, it has revealed that it bought the yet-to-launch streaming platform in January. "You may have heard some news: It involves a blue bird. #YouCanGuessTheRest #WeJoinedTheFlockInJanuary #AreWeUsingThisRight #IsThisThingOn," Periscope's twitter profile announced. Twitter's VP of product wrote back: "Excited to officially welcome @periscopeco to the Twitter team. Can't wait for everyone to see what they've built!" Periscope specialises in video streaming, but its debut mobile app is still undergoing beta testing. Last year, Twitter bought out SnappyTV, a San Francisco-based startup that develops tools for editing real-time video footage. The social networking giant has gradually added video features and now allows users to include 30 seconds of footage within their tweets, reducing its reliance on rivals such as YouTube. Photo: Mary Turner/Getty   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months  The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan.U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says.Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan.Family of Ilham Aliyev’s security chief owns vast property in UK As head of security for Azerbaijan’s president, Eyyubov is closely trusted by one of the world’s most authoritarian leaders. |
