Periscope adds new features to app; Oculus virtural reality guru Jepsen leaves Facebook

More online video news from across the web:

> Online video is playing an increasingly important role for candidates angling to win the presidential election this November. Mediapost article

> Periscope made several feature improvements, including making broadcasts "permanent," or archived, by default. The Verge article

> YouTube's Google Preferred premium ad platform added "Breakout Videos" to its services, enabling advertisers to highlight and monetize videos that are going viral. Engadget article

> GoPro put its planned drone launch on hold as it reported a deep $107.5 million loss in the first quarter. WSJ article

> A new report explores the reason why video and music piracy is so rampant in poorer countries. BoingBoing article

> Mumbai-based Tappp expanded the reach of its open content distribution platform to Singapore and Australia. Release

> Piksel streamed President Obama's Howard University commencement speech over the weekend. Release

> ESPN's new ad campaign urges OTT viewers to choose its live sportscasts over movie streaming or scanning social media sites. Variety article

And finally … Virtual reality innovator Mary Lou Jepsen is leaving Facebook's Oculus VR division to work on medical imagery tech. WSJ article

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