Twitter Buys Vine, a Video Clip Company That Never Launched
Posted: 10/10/2012  |  By: Peter Kafka and Mike Isaac | All Things D
If Twitter ends up running its own video service, this should help: The messaging service has bought Vine, a video-sharing start-up.

We don’t have terms for the deal, but this looks a lot like an “acqhire”: Vine is a three-man company, based in New York, which formed in June. It has yet to launch publicly.