Twitter on Tuesday announced plans to shut down Periscope, its live video platform, by March, explaining in a blog post that the app, which faces a continuing decline in user numbers, no was more financially sustainable.
“Over the past two years we’ve seen a decrease in usage and we know the costs […] will only increase over time, ”explains Twitter in this post.
“The truth is that the Periscope application has been in an unsustainable mode of maintenance, and has been for a while,” adds the group, which bought Periscope in 2015.
The application will no longer be available for download from March 2021. However, most of Periscope’s basic functionalities will be retained, and integrated into Twitter.
“We would probably have made this decision earlier”, if the year 2020 and the COVID-19 pandemic had not “redefined the priorities”, still laments Twitter.
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