Twitter-owned video app Periscope launches

Periscope, a video-streaming app that Twitter purchased in January, went live today.

The app is currently only available on iOS and allows people to broadcast live video, interact on the video with messages and hearts, replay the videos and follow users.

“A picture may be worth a thousand words, but live video can take you someplace and show you around,” Periscope wrote in a blog post.

The product’s launch comes the same day that its rival Meerkat announced more funding.

Twitter confirmed earlier this month that it purchased Periscope for an undisclosed amount.  Several news agencies though, citing sources familiar with the deal, reported it was for slightly less than $100 million.

Competition between Meerkat and Periscope continued to heat up when Twitter limited the app’s access to data about its users.

A Twitter spokeswoman said today the company had nothing else to add beyond what was published in Periscope’s blog post.

Photo Credit: Periscope

 

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