08-11-2016 15:18 via thedrum.com

Five bidders opt to save Vine from Twitter

Social network Twitter is exploring the sale of its failed shortform video service Vine after announcing its impending closure in effort to cut costs in October.
TechCrunch reports that the company has honed down ten bids to five with Japanese messaging app Line rumoured to be in the running for the app; it will likely not remunerate Twitter's $30m 2013 acquisition.
As the closure was announced in October, PornHub claimed it would buy Vine. It is however, unclear if the company is in t
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