Twitter Buys Vine, a Video Clip Company That Never Launched
Posted: 10/10/2012 | By: Peter Kafka and Mike Isaac | All Things D
If Twitter ends up running its own video service, this should help: The messaging service has bought Vine, a video-sharing start-up.
We don’t have terms for the deal, but this looks a lot like an
“acqhire”: Vine is a three-man company, based in New York, which formed
in June. It has yet to launch publicly.