YouTube reportedly developing live streaming app

If reports are to be believed, YouTube wants to get in on the live streaming game. The company is supposedly branching out to have a new live streaming one called YouTube Connect. YouTube won't comment on this but it is said the new app will have a similar format to Periscope, meaning you can log into the app with your Google or YouTube account and immediately start streaming from your phone. It'll also supposedly have a chat and tagging feature and a news feed that shows your friends's streams as well as the accounts you subscribe to on YouTube. The speculation arises after many have tried to get into the live streaming space to attract younger users and capitilize on the rise of the live format.

Source: Mashable