So, we were hearing rumors that Twitter might launch avideo sharing feature on their platform.

And the latest reports claim that they have acquired Vine.

Vine is not launched yet though they have been working on a video sharing platform. They are reportedly working on an Apple iPhone for sharing short video clips online.

The news is not confirmed yet. We should be hearing more about this rumored acquisition in the coming days.

Twitter users currently have to use third party services to share video.