Posterous Acquired By Twitter
Twitter has acquired Posterous, the blog-posting service that grew out of the Y Combinator program in 2008. The terms of the sale were not disclosed, but Posterous seems to have traded its staff for Twitter’s wider audience.
In September Posterous launched Spaces to give users more sharing control over their content and so far, the new features have been successful in increasing engagement. According to the company’s blog, “four times as many photos and five times as many videos are shared on private Spaces as on public Spaces.”
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