Pioneering live video streaming platform Justin.tv shut down
With reports making rounds about a possible acquisition of video-game-streaming service Twitch by Google, Twitch has recently announced the shutdown of Justin. tv, a site which streamed live videos.
In a home-page statement released on Tuesday, Justin. tv - the pioneering live video streaming platform - announced its closure. Justin. tv was co-founded by "proto-lifecaster" Justin Kan and Emmett Shear; and was launched in 2007 as a "lifecasting" platform. It gave the users the ability to broadcast videos online, and led to the founding of Twitch. tv.
As a result of the shutdown of Justin. tv, all of the site's products and services - including its website, mobile apps, and APIs - are no longer available. The Justin. tv home-page now serves as a FAQ page, which features a brief explanation with regard to the shuttering of the site.
The explanation reads as follows: "Justin. tv pioneered live video on the Internet and spawned one of the largest video platforms ever: Twitch. Justin. tv was officially renamed Twitch Interactive Inc. in February of 2014 and Twitch is now the focus of the company's resources."
In addition, the Justin. tv homepage also includes a video tribute to the discontinued service; with the shutdown explanation further asserting: "Unfortunately that means we need to shut down Justin. tv. We thank all of our broadcasters and viewers for 7 years of live video memories."
European markets closed strong on Friday as technology and financial services stocks helped market sentiment. European stocks traded lower earlier during the week due to political crisis in Spain due to Catalonia referendum.
Domino's Pizza has acquired Hallo Pizza, the largest independent pizza chain in Germany. With acquisition of Hallo Pizza, Domino’s has become the largest pizza chain in Germany with more than 370 stores across the country.
The People’s Party (ÖVP) has won the parliamentary elections and 31-year-old leader Sebastian Kurz would be the youngest national leader in Europe. Kurz will be having a tough task of dealing with European leadership.
IBM is using blockchain for improving speed and security for cross-border transactions. The solution offered by IBM is focused on banking sector.
Tesla Motors has fired hundreds of employees after annual performance review. The company confirmed the move but the management hasn’t mentioned the exact number of employees fired during the current performance review.
Tesla Motors has announced recall of 11,000 Model X vehicles to fix a seat cable issue. The voluntary recall involves Model X SUVs manufactured between October 28, 2016 and August 16, 2017.