Twitter acquired the short video sharing app Vine in 2012. The usability of this post-purchase platform, which was realized at a time when TikTok was not yet and Vine was very popular, gradually decreased and was finally shut down in 2016. Vine was a social networking platform that allowed users to shoot and share 6-second repetitive video clips and is now the birthplace of many phenomena.
It could displace TikTok
The re-release of Vine, Vine 2.0, could dethrone popular video app TikTok. Twitter engineers were told to review the Vine codebase, which hasn’t changed since it was shut down. According to information from Axios, the development of the new Vine will take time; There are a lot of points that need to be changed and updated.
Twitter’s new boss
Musk completed the $44 billion Twitter purchase Friday and appointed himself CEO. He subsequently fired several senior executives, including CEO Parag Agrawal, CFO Ned Segal, and policy manager Vijaya Gadde. Musk also got rid of the board of directors and is currently the sole executive of Twitter. There are rumors that Musk will not be satisfied with this, and many employees will be fired.