I know of peertube, which is similar to youtube.

But is there anything that is similar to instgram reels, tiktok type stuff.

I imagine it doesn’t exist because the hosting costs would be exorbitant, but I’m curious incase something like it does?

  • infeeeee@lemm.ee
    3·
    2 months ago

    The announcement comes after Twitter announced across-the-board job cuts earlier on Thursday, with plans to lay off 9 percent of its workforce, which equals about 350 people. The company also said in a letter to shareholders that it was going to prioritize some parts of its business, while deprioritizing others.

    Source

    Twitter was financially in a bad shape for a long time, the first year they generated some profit was 2018. Source Vine existed 2012-2017, I think they couldn’t figure out how to monetize it. Twitter was a text based platform, tiktok was designed for video from conception.

    But I still don’t know why they didn’t try to sell it instead of shutting it down.

    Coub was also nearly shut down in 2022, it seems like it’s hard to profitably maintain a short video service.