Just as Facebook and Twitter are doubling down on livestreaming video, Meerkat, the startup whose livestreaming app was a hit at last year’s SXSW Festival in Austin, is changing course. Chief executive Ben Rubin, who began to realize over a year ago that livestreaming wouldn’t produce the results to succeed, emailed the company’s 48 investors to explain the company’s pivot from mobile broadcast video towards video social networking. Most of the investors, he says, are supportive of the shift. Continue reading Meerkat Shifting From Livestreaming to Video Social Network