Vine is not the first to attempt in short videos. The first I recall was a company called 12seconds that took 12-second clips of video and was dubbed “Twitter for video” before being rolled into an acquisition by Aol and later being discontinued. Vine is a New York startup. Though it was hinted at yesterday with this tweet by Twitter CEO Dick Costolo, Vine’s launch coincided with an announcement that they were also acquired by Twitter: Cofounder Dom Hofmann had this to say of the service: I just took my first and second video with Vine and tried to tweet them, but they did not go out (and I was not the only one experiencing a similar issue). UPDATE: Vine has disabled Twitter and Facebook sharing. So obviously Vine still needs to work out some kinks. I am sure there will be more to come, as there isn’t currently a mobile video application that allows you to share videos that are short enough to share and view on your mobile device. This is a valuable new frontier and the company that nails it could be the next Instagram.