Oddly enough, Periscope, the streaming app that Twitter bought in 2015 and that few people have heard of, is still around. But it probably won't be around for long: according to technology blogger Jane Manchun Wong, who has been investigating the app's code, the California company is set to divest itself of its satellite streaming service soon.

This text found inside Twitter's app indicates the shutdown notice might be shown in future versions of the Periscope app, directing users to a FAQ page about the app pic.twitter.com/gGrNNxRLL7

- Jane Manchun Wong (@wongmjane) December 11, 2020

Audiences have been ignoring Periscope since the Twitter has integrated video into its main panel, but it is still possible to install it from the Play Store and watch videos normally. It is important to note that the fact that the codes mention the end of Periscope does not indicate immediate action by the company, that is, it is possible that the streaming app will continue to operate until 2021.

Twitter isn’t shutting down its live broadcasts either. It would be very difficult to cut back on what brings the most immediate conversion on the app and what has generated the most engagement. Instead, the California company’s alternative is to get rid of a competing brand within its own environment.

Squad purchase could also undermine streaming

One of the reasons for Periscope's end may be Twitter's recent acquisition of Squad on Friday (11/12). According to Wong, the engineers responsible for the platform are now involved in developing the audio, video and chat areas of the microblogging network.

Launched in 2015, Periscope faced competitors such as Houseparty in the then embryonic live streaming “industry.” The app was developed by Kayvon Beykpour and Joe Bernstein and sold to Twitter the same year it was launched for around US$100 million.

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