Videotjänsten Vine som är knuten till Twitter kan räddas genom en försäljning. Vine kan få nya ägare vilket räddar videotjänsten som annars kommer att läggas ned av Twitter.
Twitter tillkännagav i samband med redovisningen av sitt senaste kvartalsresultat att företaget kommer att varsla runt 350 anställda om uppsägning. I samband med det meddelades också att videotjänsten Vine ska läggas ned.
Vine may survive after all. Twitter is currently vetting multiple term sheets from companies offering to buy Vine, and hopes to make a deal soon, multiple sources tell TechCrunch. After announcing its plan to shut down Vine last month, Twitter received a large number of bids, including several from Asia. Its now working to decide who should run the short-form video app.
While TechCrunch couldnt confirm the names of any of the companies interested in Vine, a rumored bidder was Japanese messaging and gaming company LINE. [Update: Weve learned that Twitter has narrowed the pool from more than 10 bidders to around 5.]
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