The Periscope app, recently acquired by Twitter, allows users to link their Twitter handle to a live video feed. When an individual starts their feed, the broadcast can be seen by those with the Periscope app around the world.

No application is without problems in its infancy. Take the boxing match of the century on Saturday. Manny Pacquiao and Floyd Mayweather squared off in one of the sports' most anticipated fights. "And the winner is… @periscopeco" said Twitter CEO Dick Costolo in a tweet Saturday evening.

Costolo is referring to the countless Periscope users who were live streaming the fight. Stealing cable is nothing new, but when the fight cost HBO/Showtime pay-per-view users $100, and the access is as easy as clicking a phone app, Periscope runs into trouble.

Showtime and HBO declined comment, so we don't know if they plan on taking legal action. It could ultimately be the individual user and not Periscope that gets into trouble, said John Sileo, 9News cyber-security expert.

Periscope said they "respect intellectual property rights and are working to ensure there are robust tools in place to respond expeditiously.

(Source: 9News)