Yahoo has purchased Qwiki, a company offering an eponymous video app for iOS. The app works much like HTC's Video Highlights, automatically stitching together a series of videos and photos into a short video clip summary of a trip or event. Qwiki also includes a video sharing service, giving Yahoo a potential competitor to Vine and Instagram.
via Phone Scoop - Latest News http://www.phonescoop.com/articles/article.php?a=12611
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