Twitter Set to Discontinue Short-form Video Sharing Service Vine

Twitter has revealed yesterday third-quarter earnings that beat analysts' expectations. The report also confirmed rumors that the microblogging platform would be laying off nearly a tenth of its global workforce, or just over 300 employees.

Twitter has revealed yesterday third-quarter earnings that beat analysts' expectations. The report also confirmed rumors that the microblogging platform would be laying off nearly a tenth of its global workforce, or just over 300 employees.

 A brief note published on Medium killed soon after revealed that one of the departments hardest hit by the layoffs, the vine team. In fact, the entire section to the ax.

Twitter said that in the coming months, it will stop the Vine phone. There is no reason today in anger outbreak we were told, the team promised to deal with the closure "the right way" by providing users with the ability to access and download their vines.

What's more, Twitter will be the preservation of the site Vine online if they feel it is important to still be able to see all the videos that were made. Users will also be notified before any changes to the application or website.

Vine was founded by Colin Kroll, Russian Yusupov and Dom Hofmann in June 2012 before he acquired by Twitter later that year for a reported $ 30 million. The app did not live to go until the next year, first rollout for IOS users, followed by Android about five months later.

The app was an instant hit, but his endurance dislike. Facebook has a video sharing feature to Instagram in the middle of 2013 and the edge emphasized correctly, Twitter was typically slow to add new features. Although a slightly different type of product, decided to Twitter's need to buy and launch Periscope probably did not help chances Vine's.

Image courtesy Charlie White, Mashable brief note published on Medium killed soon after revealed that one of the departments hardest hit by the layoffs, the vine team. In fact, the entire section to the ax.

Twitter said that in the coming months, it will stop the Vine phone. There is no reason today in anger outbreak we were told, the team promised to deal with the closure "the right way" by providing users with the ability to access and download their vines.

What's more, Twitter will be the preservation of the site Vine online if they feel it is important to still be able to see all the videos that were made. Users will also be notified before any changes to the application or website.

Vine was founded by Colin Kroll, Russian Yusupov and Dom Hofmann in June 2012 before he acquired by Twitter later that year for a reported $ 30 million. The app did not live to go until the next year, first rollout for IOS users, followed by Android about five months later.

The app was an instant hit, but his endurance dislike. Facebook has a video sharing feature to Instagram in the middle of 2013 and the edge emphasized correctly, Twitter was typically slow to add new features. Although a slightly different type of product, decided to Twitter's need to buy and launch Periscope probably did not help chances Vine's.

Image courtesy Charlie White, Mashable