Well let me just add before any buyout announcements, Twitter has confirmed that one of its services will be shut down in the coming months. Vine, the video sharing service that made it to mobiles back in 2013, will be discontinued, Twitter confirmed today.
The good news is Twitter will keep the Vine website alive, so users will still be able to access and download their Vines even after the closure of the mobile application. It's unclear what Twitter plans to offer consumers instead, but the company promised to share more details in the not so distant future.
“What’s next? We’ll be working closely with creators to make sure your questions are answered and will work hard to do this the right way. We’ll be sharing more details on this blog and our Twitter account, and will notify you through the app when we start to change things,” reads Team Vine & Twitter's post.
Vine users can continue to use the mobile applications until Twitter notifies them about any changes to the app or website. While this is sad, Vine didn't quite prove to be a popular service on the long run, even though it had a lot of fans when it was launched three years ago.
Twitter's Vine is currently available for free on both the Android and iOS mobile platforms, but an application for Windows 10 was recently launched as well.
Loyal fans can only hope that Vine's functionality will be embedded into Twitter, but before making any assumptions, let's wait and see what the social networking giant has in store for us.
Twitter has been making headlines in the last few weeks, as rumors about a possible buyout by Disney emerged from various sources. Unfortunately, it appears that misunderstandings among Twitter's upper management strayed away all the players interested in the acquisition for the moment.