Twitter just announced it’s killing its Vine video app
Twitter has revealed it is going to scrap its Vine video service.
In a blog posted to Medium the micro-blogging site said it would be discontinuing the mobile app "in the coming months".
The site said all existing Vines – videos that are a maximum of six seconds long – would still be available and it would update customers as things started to change.
In the post Twitter said:
Nothing is happening to the apps, website or your Vines today. We value you, your Vines, and are going to do this the right way. You’ll be able to access and download your Vines.
We’ll be keeping the website online because we think it’s important to still be able to watch all the incredible Vines that have been made. You will be notified before we make any changes to the app or website.
Earlier today Twitter's share price jumped by more than four per cent in pre-market trading after the site announced revenue and earnings for the third quarter had beaten expectations.
The group also confirmed today that it is reducing its workforce by nine per cent.