Twitter

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Twitter is an online service that lets users send and read 140-character messages called “tweets”. The site is used by celebrities, brands and journalists to distribute news directly to their fans. The site was launched in July 2006 by Jack Dorsey, Evan Williams, Biz Stone and Noah Glass. The company was listed on the New York Stock Exchange on November 7, 2013.

19 Jun, 2014

Acquires SnappyTV

Acquisition

Twitter announces its acquisition of SnappyTV, a platform for clipping and editing small segments of TV shows. This allows Twitter users to easily share TV clips with their followers:

As Twitter has grown as the companion to live events and broadcast media, SnappyTV will help partners and brands bring the best videos into the conversation, when it matters most.

Using SnappyTV to Create Instant Highlights of Live TV

12 Oct, 2013

Acquires Vine

Acquisition

Vine LogoTwitter acquires Vine, a service that allows users to upload video clips up to six seconds long, before its official launch. The company spends $30,000,000 on the site. The three developers of Vine, Dom Hofmann, Rus Yusupov, and Colin Kroll, are all able to keep their positions at the company. Hofmann says:

Our companies share similar values and goals; like Twitter, we want to make it easier for people to come together to share and discover what’s happening in the world. We also believe constraint inspires creativity, whether it’s through a 140-character Tweet or a six-second video.

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