Twitter just bought Periscope which is a Meerkat competitor for just under $100 million. Meerkat was being talked about as this year's breakout SxSW startup so

Twitter just bought Periscope which is a Meerkat competitor for just under $100 million. Meerkat was being talked about as this year's breakout SxSW startup so choking off access right before shows Twitter isn't messing around.