Vimeo reveals $500 Mevo Plus camera, the first fruits of its Livestream acquisition

By way of a quick recap, Vimeo is similar to YouTube in that anyone can use the platform to upload and share videos with the world. But the New York-based company strives to differentiate itself by offering a vast swathe of creative tools for video production. The company claims that more than 240 million people tune into its platform each month, with over 800,000 subscribers using its myriad creation tools. – Paul Sawers, VentureBeat