Famous photo-sharing website Twitpic has announced that it is shutting down its operations on September 25 after a trademark dispute with Twitter Inc (NYSE:TWTR). The founder of Twitpic, Noah Everett released an announcement on Twitpic’s official blog and said that Twitcpic recently received a warning from Twitter Inc (NYSE:TWTR)’s lawyers which said that Twitcpic must abandon its service otherwise it will lose the access to Twitter’s API and code.
Everett said that unfortunately, Twitpic does not possess the necessary resources to fend off a large company like Twitter Inc (NYSE:TWTR) and peruse the legal proceedings. Therefore, the company has decided to shut its operations. According to the release, Twitcpic filed its first trademark in 2009 and was facing many hurdles in the legal aspects of the service since then.
Twitcpic has got an immense fame in the early days of Twitter Inc (NYSE:TWTR)’s social platform because it facilitated the users to share images and videos instantly. With the passage of time, Twitter Inc (NYSE:TWTR) improved its social media service in terms of photo sharing and gave embed and share options for both its web and mobile versions of the service. This depleted the growth of Twitpic. Twitter Inc (NYSE:TWTR) is also narrowing down the span of access to its API for third parties amid the security breaches and privacy concerns.
Everett said that He will miss and cherish the days of Twitpic and thanked all the users of Twitcpic. He said that there were both good days and bad days in his six years of Twitcpic and he has learnt a lot from this experience.
Everett wrote that users of Twitpic will be able to export all their photos and videos before the service goes down. There will a special feature for exporting the data and it will be launched within a few days so that users can back up all their data that has been shared on Twitter Inc (NYSE:TWTR)’s social platform via Twitcpic.
John Thaler‘s JAT Capital Management is one of biggest shareholders of Twitter Inc (NYSE:TWTR), having 7.4 million shares of the company.
Disclosure: None
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