On Thursday, Twitter launched its Vine mobile app, which allows for video sharing. It is currently available for Apple’s (NASDAQ:AAPL) iPhone and iPod touch.
However, the new app has gotten off to a shaky start. Facebook (NASDAQ:FB) has already disallowed the “find people” feature, which is based on its social graph. So when a Vine user tries to connect with a Facebook friend, an annoying error pops up!
Facebook has made no comment on this. But there is no secret that it has been in a heated battle with Twitter. Consider that last year Instagram, which is owned by Facebook, disabled integration for Twitter links, which affected photo visibility.
Video is becoming a critical part of social media, but it looks like Vine might not help Twitter much in getting into the game, especially since Facebook sharing will likely be important for success.
Tom Taulli runs the InvestorPlace blog IPO Playbook, a site dedicated to the hottest news and rumors about initial public offerings. He is also the author of “How to Create the Next Facebook” and “High-Profit IPO Strategies: Finding Breakout IPOs for Investors and Traders.” Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.
A long-time follower of the IPO scene, back in 1999 Tom started one of the first sites in the space called WebIPO. It was a place where investors got research as well as access to deals for the dot-com boom. Tom also wrote the top-selling book, Investing in IPOs. In it, he covers all the aspects of analyzing an IPO, such as reading the prospectus, detecting the risk factors and understanding some of the arcane regulations. But don’t worry — if that process is too intimidating for you, thankfully Tom will do the legwork for you right here in the IPO Playbook blog.
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