Vine 2.0? Twitter Reportedly Working To Bring Back Video Service After Musk Poll
The topline
Twitter’s new billionaire boss Elon Musk tasked staff with growing a brand new model of the defunct video platform Vine, Axios reported Monday, shortly after Musk floated the concept in a tweet, demonstrating the sway of public opinion on Musk as he remodels the social media service within the mildew of his $44 billion imaginative and prescient.
Six years after being shut down, vines might develop again.
Corbis through Getty Images
Here are some key details
Sources instructed Axios that Vine could also be revived this 12 months.
Twitter acquired Vine for $1, which is a short-form, video app broadly thought-about because the direct precursor to TikTook. reported30 million {dollars} in 2012, earlier than the app closed down in 2016.
News of Vine’s potential resurrection comes lower than 24 hours after Musk tweeted a poll asking if there was curiosity in bringing again the service, receiving 4 million votes, greater than two-thirds of which—or 2.8 million customers—supported restoring Vine.
Important Background
Musk took Twitter management late on Thursday. However, the billionaire (or Mars) already has made main modifications. Parag Agrawal was fired as CEO and plans to fireplace 25% of its high executives. Musk usually groused about Twitter’s content material moderation guidelines earlier than closing the deal, although he mentioned Friday he gained’t make any main choices till a “diverse” council can weigh in. The unique Vine consisted of six-second largely humorous video clips, and lots of the app’s hottest customers migrated to TikTook. The video area is much extra aggressive immediately than throughout Vine’s reign, with Meta’s Instagram Reels and Alphabet’s YouTube Shorts additionally main gamers within the area.
Important Quote
“💯,” Musk repliedA Twitter person requested Vine to be built-in into Twitter fairly than residing in an app.
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The Musk crew is engaged on Vine’s revival (Axios).
An Verified Badge on Twitter may price 20 {dollars} per 30 days, in line with Report (SME)
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