Live streaming on a mobile phone is now possible because everyone has one and the camera is way better. It was always possible to live stream but the technology was not right yet for what Meerkat and Periscope is doing now.
So a little background about these streaming apps that just were released to the public. Meerkat got really famous because of SXSW and because it was using Twitter’s social graph and your followers would know about this. Twitter stopped giving it’s social graph to Meerkat because Twitter was going to launch Periscope which was their live streaming app. Periscope was launched just yesterday morning and now Meerkat is giving us updates because now it has to fight back.
It will be hard to see who will win this battle but for now you can check out my video where I talk about these apps.