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Twitter Businesses Social Networks

Twitter May Save Vine by Selling it (techcrunch.com) 62

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.
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Twitter May Save Vine by Selling it

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  • Even if the could sell it, should they? Seems like this one should be allowed to die.
  • Vine sucks, it was a stupid idea, and it needs to die.

    • Re:Bad idea. (Score:4, Interesting)

      by xxxJonBoyxxx ( 565205 ) on Tuesday November 08, 2016 @10:53AM (#53237883)
      >> Vine sucks, it was a stupid idea, and it needs to die.

      I dunno. It's how my son consumes most of his professional sports. (e.g., "Who has time to wait for ESPN?" or "Did you see that catch? Here let me play it again.") And it's more conducive to conversation than a "long" 1-minute video, because everyone remembers what the context was after the clip.

      I think these little Blitverts are thriving among the generation that will soon replace the whiney millennials - I wouldn't count them out.
  • by Virtucon ( 127420 ) on Tuesday November 08, 2016 @10:43AM (#53237797)

    Are jumping for joy. Actually Vine has a big following, not as big as say Instagram but still a following.

  • The Mind Boggles (Score:3, Insightful)

    by Anonymous Coward on Tuesday November 08, 2016 @10:47AM (#53237829)

    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 (people love to communicate)

      If by "love to communicate", you mean "trolling", "baiting", "bragging", and "posturing"; you can't do a lot more in 140 characters.

      and they don't understand how money is made (data mining and selling ad impressions)

      Apparently neither does Twitter. [cnn.com]

      • If by "love to communicate", you mean "trolling", "baiting", "bragging", and "posturing"; you can't do a lot more in 140 characters.

        133 characters. Which one is this?

        • I'm talking about Twitter [wikipedia.org]

          I don't know of any service that has a 133 character limit.

          • 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.

            • by NoSalt ( 801989 )
              Touché
            • You seem to have missed the point. Both of your posts here are less than 140 characters.

              Yes, they are part of threaded conversations and a platform that supports long posts.

              I wasn't saying that 140 character messages are never useful, on any platform, anywhere. What I was saying was that a platform that limits all its messages to 140 characters is going to be predominantly filled with "trolling", "baiting", "bragging", and "posturing". That's because a thoughtful exchange of ideas requires the availability

          • Your sentence that I quoted was 133 characters.

            By your own logic, it must therefore consist of "trolling", "baiting", "bragging", or "posturing".

            Asserting that brevity can only result in the above categories is ridiculous.

            • Your sentence that I quoted was 133 characters. By your own logic, it must therefore consist of "trolling", "baiting", "bragging", or "posturing".

              No, only by your logic. Note how I qualified my statement with "you can't do a lot more in 140 characters"? Occasionally, people say something sensible in a short message, just not often. On Slashdot and other services with threading, short messages can also occur as part of discussion threads. But Twitter also lacks threading.

              Asserting that brevity can only resul

              • Yes, you qualified your statement with weasel words [wikipedia.org] so you could back out when called on your BS.

                So you said nothing meaningful, and are now patting yourself smugly on the back for it. Good job.

                • I see your intellect and debating style are perfectly suited to Twitter. I suggest you go over there as soon as you can and don't bother us here on Slashdot.

              • Occasionally, people say something sensible in a short message, just not often

                Post not smart.

      • If by "love to communicate", you mean "trolling", "baiting", "bragging", and "posturing"; you can't do a lot more in 140 characters.

        You don't use Twitter very much, do you? There's much more than this there....

      • I can think of several poets who would take issue with your assertion. Brief does not equal vapid. (115 characters)
        • Learn to read: I said "you can't do a lot more in 140 characters", allowing for the occasional (rare) pithy and smart remark. Note that there are many services that do well with short messages because they have threading; Twitter doesn't have that either.

          In any case, empirically, Twitter messages are overwhelmingly "trolling", "baiting", "bragging", and "posturing". The 140 character limit, combined with the poor Twitter user interface, is a likely explanation, but you're welcome to come up with alternative

    • by lucm ( 889690 )

      Your assumptions about Twitter are wrong. You can't monetize data mining because the vast majority of people post content, they don't consume content from other people.

      That's a thing Twitter has in common with perl code... it's "write only".

    • 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 [slashdot.org]?

      • I use it and know much real people that do this too (off course, there's a big bot/fake problem there...)
    • by Zontar_Thing_From_Ve ( 949321 ) on Tuesday November 08, 2016 @12:48PM (#53238961)

      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)

      I don't get it, but not for the reasons you listed. I understand that in theory Twitter could be useful. I argue that because people are asshats and the internet makes them even more so that Twitter will never be useful. Twitter is used mostly to insult and threaten strangers, to lie (ask anybody who follows sports writers on Twitter) and to waste time (yes, we all really must know what the Kardashians are doing 24x7). As far as making money goes, maybe you need to tell that to Twitter itself. The most recent financials I could quickly find show losses in 2015, 2014 and 2013 and there are multiple articles throughout this year talking about how nobody wants to buy Twitter because it isn't profitable. In fact their stock price got beat up in October for that very reason. Honestly I thought that by now Twitter would be like MySpace is and everybody under 24 or so would have long since abandoned it to the older folks and it would eventually die. But it turns out that young people like to insult, be lied to and follow the Kardashians as much as their parents do.

  • 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

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