Twitter axes Vine - Digital Minute 01/11/16

Digital Minute – the latest digital marketing news and analysis

English - November 01, 2016 09:32 - 2.98 MB Video
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Twitter has announced that it will be closing its video sharing service Vine, just four years after acquiring the platform for around $30 million.

At Vine’s peak, it had a reported user base of around 200 million but as we approach 2017, those numbers have dwindled quite considerably.

The news comes in the same week Twitter declared that it will be cutting 9% of its workforce, but the social giant is certainly not lying down without a fight as it looks to turn itself around.

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