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Twitter announces the end of Periscope

Twitter Inc is shutting down a project that cost them $100m in the beginning but has since failed and become a cost-not-so-effective nightmare.According to the company, the infamous Periscope app will be shut down by March and new signs up are now banned. Sign-ups will be banned in the new update as the company seeks to rid itself of an app they say hasn’t been sustainable in years.

That part they’re right about because one quick look at app statistics according to multiple websites — shows PS has been on the steady decline for at least 3 years. The app was initially bogged by spammers and then people appearing on their live chats doing otherwise graphic and often illegal things.

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