Twitter's Periscope app nabs 1 million users in just 10 days

Twitter confirmed early success of its Periscope app on Tuesday with news that it racked up more than 1 million users just 10 days after launch.

The company said during an earnings call with investors that its live broadcast app — which was acquired by Twitter in March — is off to a strong start, with more than 1 million logging on to give it a try. Periscope launched just a few weeks after Meerkat, a similar service, gained significant buzz online.

The effort is a part of a larger initiative to grow through new channels, thanks to product launches and acquisitions around group direct messaging, native video sharing and of course, live streaming Read more...