Watch out Meerkat

It looks like Twitter bought livestreaming app Periscope weeks ago, before competitor Meerkat went viral. Two outlets, Business Insider and Re/code, are reporting the news from their respective anonymous sources, but there’s no word on how much the deal closed for or confirmation from Twitter (I’ll update if I hear back). Periscope is still in private beta, but was rumored to have the same livestreaming capabilities that made Meerkat spread virally.

Just 140-some countries to go

Netflix is looking to launch in Spain later this year, according to local media reports that were relayed by Variety this weekend. According to these reports, Netflix could launch in Spain as early as September. The streaming service has reportedly already negotiated rights to launch in Spain, and TV manufacturers are preparing to carry the Netflix app in Spain this year. Netflix executives announced earlier this year that they want to expand to 200 countries within two years.

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