Outmatched by Twitter and Facebook, Meerkat steps away from live streaming

Meerkat may have effectively kicked off the current livestreaming boom, but it’s looking to switch gears.  
Re/code reported Friday that Meerkat plans on moving away from the open, public livestreaming that the company is known for, and instead will focus on other video-centric social networking features.
Although Meerkat continues to attract lots of viewers, CEO Ben Rubin told Re/code, the company is struggling to maintain an active userbase of streamers. The company also cited