Twitter buys video-sharing start-up company Vine

Source: Internet
Author: User
Keywords Entrepreneurship acquisition
Sina Science and technology news Beijing time October 10 morning, Twitter has acquired a video-sharing start-up company Vine. Industry insiders believe that the Twitter acquisition is to get the company's talent. Vine in New York, founded in June this year, is a company with only 3 employees. The company has so far not publicly launched its services. Twitter declined to comment on the deal. The specific terms of the acquisition are unclear, and Twitter may also develop Vine as an independent service. The vine Web site's login page shows that the service is "the best way to shoot and share video via the iphone", especially for short videos that are only a few seconds long. Vine is very different from other video applications currently on the market. Typically, when a user takes a video with a smartphone, the camera captures the footage continuously. Vine, however, supports intermittent filming. As long as the user takes a few pictures, Vine can automatically generate longer video. This is a new concept that attracts users ' attention. If Vine launches services, it will face competition from other video-sharing services, such as Viddy, Keek, and tout. This summer, Tout completed a total of $13 million trillion round of financing. (D-Gold)
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