Twitter seriously wants to give Facebook a run for its money in its bid to transform into one of the largest online destination for live videos. According to The Information, the social network plans to announce next week that it's opening up its live streaming API to media firms. It will also reveal partnerships "with firms that provide back-end services for live-video streaming." While sports and news organizations can already host live streams on the microblogging platform, it typically requires extensive planning and partnership with Twitter. The open API will allow them to go live on the website whenever they want without having to use Periscope.