The Periscope video streaming site logo is displayed on the screen of an Apple Inc. iPhone in this arranged photograph taken in London, U.K., on Friday, May, 15, 2015. Facebook Inc. reached a deal with New York Times Co. and eight other media outlets to post stories directly to the social networkÕs mobile news feeds, as publishers strive for new ways to expand their reach. Photographer: Chris Ratcliffe/Bloomberg
Two years ago, even as its stock plummeted and takeover rumours swirled, Twitter Inc was hatching a plan to become a force in live video. The company’s goal was to help users discover “what's happening now.”
There were plenty of sceptics who said the battered company couldn’t possibly compete with deeper-pocketed rivals like Facebook Inc.
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