Facebook's Instagram video announcement last week went a long way in hurting its chief competitor Vine, a new study has shown.
According to data compiled by Marketing Land using Topsy, a tool designed to analyze social media shares, the number of links shared on Twitter to Vine videos fell off a cliff after Instagram's new video-recording feature was announced on June 20. And since then, things have remained quiet for Vine.
According to Marketing Land's findings, Vine's Twitter shares hit 2.5 million on June 19. After Instagram's video service launched, that fell to 1.… Read more