According to AllThingsD, Twitter has decided to get into the business of hosting video by acquiring NYC startup Vine. We’ve reached out to Twitter but haven’t been able to confirm this as of yet. If true, this marks an important milestone for Twitter, which is in complete attack mode when it comes to turning into a media powerhouse. As it stands now, you can upload photos to attach to your tweets, thanks to Twitter’s own service, and it’s probably the easiest way to share photos on the service. Video is a logical next step for Twitter and the yet-to-be-released Vine, but this could get really tricky for the company, fast. Read the full story at TechCrunch.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.