Slashdot Mirror
Twitter May Save Vine by Selling it (techcrunch.com)
Internet products come and go. Twitter announced late last month that it will be shutting down its micro-video platform Vine. But the fate of Vine, which has since received a lot of support, could change. Twitter has received a large number of bids from interested parties looking to buy the app, reports TechCrunch. From the article: One source says that at least some of the offers are for less than $10 million, indicating Twitter might not generate significant revenue directly from selling Vine. However, Vine could still benefit Twitter even if it's owned by someone who would help it thrive and retain the strong integration between the two apps. Vine content plays instantly in the Twitter stream, bolstering its current parent company's quest to serve more video that could attract user engagement.
They can't monetize it, they can't sell it...it's dead.
Even if the could sell it, should they? Seems like this one should be allowed to die.
I'm an American. I love this country and the freedoms that we used to have.
Vine sucks, it was a stupid idea, and it needs to die.
Are jumping for joy. Actually Vine has a big following, not as big as say Instagram but still a following.
Harrison's Postulate - "For every action there is an equal and opposite criticism"
It always struck me as odd that Slashdotters in general don't understand the appeal of microblogging
Twitter has been around for a decade, and some people still just don't get it, they don't understand why people use it (people love to communicate) and they don't understand how money is made (data mining and selling ad impressions)
All Vine has to do to turn a profit is monetize its videos and pass a % to creators (like YouTube eventually did) hell unscrupulous YouTubers currently rip off Vine videos into "compilations" and make money from that. If somebody is ripping off the system for profit then there IS money to be made
Twitter has been around for a decade, and some people still just don't get it, they don't understand why people use it
Do "people" use it, or is Twitter all just one person with numerous sock puppets?
Twitter allows uploads up to 512 MB and 140 seconds, which is an improvement over Vine. But it still has one problem: it allows only MPEG-4 codecs, which are patented in the home country of Twitter and Slashdot.
Yet again we see "The Cloud", a singularly great concept if implemented correctly, undermined by businesses making short term decisions to discontinue services ordinary people have come to love and rely upon. In this case, Twitter announced Vine, people came to believe in it, and now Twitter is pulling the plug.
As long as businesses fail to follow through when creating new Internet served applications, trust in the entire concept of Internet served applications is going to be undermined. Would you trust a third party service to manage your data? How many people would use a third party email system, for example, knowing that at any moment the owners can simply say "Hey, this is costing us money, let's pull the plug", leaving you disconnected and helpless.
We need better commitments from businesses who announce vital new services, or else the entire viability of the "cloud" will collapse, with few being willing to trust it.
This quagmire of businesses failing to provide trustworthy services that must be trustworthy to be adopted will not disappear by itself. Resources need to be devoted, and unless people are prepared to actually act, not just talk about it on Slashdot, nothing will ever get done. Apathy is not an option.
You can help by getting off your rear and PHONING YOUR CONGRESSMAN OR SENATOR RIGHT NOW. Tell them your concerns about Vine. Warn them that trillions of dollars are being lost because of these issues. Tell them this is important to you. Tell them that you appreciate the work being done by organizations like Amazon and Google to make the cloud more dependable, but that without a stronger commitment to long term provisioning of services, you will be forced to use less and less secure and intelligently designed alternatives. Explain the concerns you have about freedom, openness, and choice, and how Vine's discontinuation undermines all three. Let them know that this is an issue that effects YOU directly, that YOU vote, and that your vote will be influenced, indeed dependent, on their policies the cloud.
You CAN make a difference. Don't treat voting as a right, treat it as a duty. Remember, it was thanks to ordinary people like YOU that we are now seeing such innovations as SMP in OpenBSD. Keep informed, keep your political representatives informed on how you feel. And, most importantly of all, vote. Today. For anyone who doesn't pander to Neo-Nazis. Even if they're a little "corrupt" in a "Washington is corrupt these days" way, which is still better than being, you know, a free speech trampling violence encouraging demagogue. FFS, PLEASE VOTE. PLEASE. I'm serious now. My God, we seriously got this far, we're this close to voting in a totalitarian lunatic for President because, in large part, people keep making up fake conspiracies about his opponent and she's not exactly anyone's first choice of President. DO SOMETHING, PLEASE.
KMSMA (WWBD?)
You seem to have missed the point. Both of your posts here are less than 140 characters.
According to you, anything less than 140 characters is "trolling", "baiting", "bragging", and "posturing". Which of those describes your posts here? They are under 140 characters, so they must be one of the types you listed.
I'd wager the problem is not that we "don't get" Vine or Twitter. I understand completely why they're there and how they're used. What I don't get is how they expected to make money off of them. Nobody wants to sit through an ad for 9 seconds of video, or wait for an image ad to disappear before reading 140 characters. It's a lot of infrastructure and management for very little reward. Socially they can be great. As a business, not really.
...for the money shot. Isn't that why Pornhub is looking to purchase?
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