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Outmatched by Twitter and Facebook, Meerkat steps away from live streaming

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Meerkat may have effectively kicked off the current livestreaming boom, but it’s looking to switch gears.  </p><p>
  Re/code reported Friday (http://recode.net/2016/03/04/meerkat-is-ditching-the-livestream-and-chasing-a-video-social-network-instead/) that Meerkat plans on moving away from the open, public livestreaming that the company is known for, and instead will focus on other video-centric social networking features.</p><p>
  Although Meerkat continues to attract lots of viewers, CEO Ben Rubin told Re/code (http://recode.net/2016/03/04/meerkat-is-ditching-the-livestream-and-chasing-a-video-social-network-instead/), the company is struggling to maintain an active userbase of streamers. The company also cited competition from larger social companies such as Twitter and Facebook as a reason for the switch.</p><p class="jumpTag"><a href="/article/3041062/software-social/outmatched-by-twitter-and-facebook-meerkat-steps-away-from-live-streaming.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

Source: Outmatched by Twitter and Facebook, Meerkat steps away from live streaming (http://www.macworld.com/article/3041062/software-social/outmatched-by-twitter-and-facebook-meerkat-steps-away-from-live-streaming.html#tk.rss_all)