Twitter Acquires Video Service; Are Third Party Video Developers In Danger Now Too?

Earlier today, we heard that Twitter was considering building its own video-hosting technology and now we’ve learned they just acquired a video clip company.

Beware, third party video developers. Beware.

All Things D is reporting that Twitter just bought Vine. You don’t know about Vine!? Well, that’s because they haven’t launched yet.

What’s so great about Vine? All Things D shares that the service is different from others – and here’s how:

Usually when you shoot with your smartphone, the camera captures one continuous shot.

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