From the BBC website:
Twitter announced on Thursday that it was cutting 9% of its workforce following slow growth of the social network.
"In the coming months we'll be discontinuing the [Vine] mobile app," the company said in a blog.
When he learned of the change, Rus Yusupov (one of Vine's three co-founders) - tweeted: "Don't sell your company!"
A quick search revealed that it's not just a rumor - it appears to be confirmed
(Score: 0) by Anonymous Coward on Sunday October 30 2016, @10:34PM
If you look at their Insights blog, according to their own numbers, a huge chunk of people just watch collections of gifs, especially women.
(Score: 1) by Ethanol-fueled on Sunday October 30 2016, @11:07PM
The only person I knew who used Vine was a rather perverted indigenous Mexican ex-girlfriend from Oaxaca [wikipedia.org] who used it to see what kinds of filthy gay sex her male homosexual friends were getting into.
Especially her dark-skinned friend who was known by the nickname "Indio Joto."