Goliath Stumbles: Twitter’s Periscope Neck-and-Neck with Live-Streaming Competitor Meerkat

The battle for the next great social network service has become a neck-and-neck race. The hot new trend–as of this month –is live social video streaming, where users interact in real-time with their favorite Twitter friends, as they record events and conversation. One of the two contenders, Periscope, had the massive promotional power of Twitter itself, but after a brief rise to dominance, has fallen into tight competition with the scrappy startup, Meerkat.

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