Twitpic really is shutting down after a failed acquisition
What a tease. Image hosting company Twitpic will in fact shut down on Oct. 25, the firm said Thursday — a surprising development after it previously said an acquisition would save it from death.
Twitpic said last month it would shut down after a trademark dispute with Twitter, only later to say it would stay alive, thanks to an unnamed acquirer. Twitpic didn’t explain at the time why that deal would resolve the trademark problem.
But the service is in fact shutting down, Twitpic founder Noah Everett said Thursday, due to an inability to reach agreeable terms with the acquiring company.
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