We reported earlier that Twitter’s stock jumped a bit this morning after a renewed interest from Disney was discovered. That apparently wasn’t enough though as the company also reported that it would be laying off approximately 9% of its staff during their Q3 earnings call this morning. While it was said that sales and marketing would take the biggest hit in the layoffs, it seems there was another casualty as well. In a post on Medium, Twitter’s short video sharing service Vine announced that they would be shutting down their mobile app.
The good news for now at least is that currently existing Vines will not be going away… yet. In the letter, the team reiterated several times that they wanted to “do this the right way,” assuring creators that they will be able to download their Vines prior to the service shutting down completely. The team also thanked creators, users, and everybody that made Vine what it was
Thank you. Thank you. To all the creators out there — thank you for taking a chance on this app back in the day. To the many team members over the years who made this what it was — thank you for your contributions. And of course, thank you to all of those who came to watch and laugh every day.
Unfortunately, what Vine has turned out to be is doomed. The Vine team has promised to keep users updated via their Medium blog as well as through their Twitter account as far as what the next steps will be in shuttering the service.
Thankfully, for now, we’ll still be able to view the greatest Vine of all time, and it has also been shared to YouTube, so there’s little chance of it being lost forever.
What do you think about Twitter killing Vine? Did you share your short videos there? Tell us what you think in the comment section below, or on Google+, Facebook, or Twitter.[button link=”https://medium.com/@vine/important-news-about-vine-909c5f4ae7a7#.k1j1bnbt1″ icon=”fa-external-link” side=”left” target=”blank” color=”285b5e” textcolor=”ffffff”]Source: Vine[/button]
Last Updated on October 27, 2016.