Twitter chief executive Dick Costolo said Wednesday that he's not that worried about Facebook's new foray into video via its Instagram service. The video feature, unveiled last week, directly competes with Twitter's own Vine.
"People can do whatever they want to do," Costolo said during a question-and-answer session at the Brookings Institution in Washington. Twitter, he said, is focused on that goal more than it's worried about other companies taking its lunch.
The social network has a "very specific vision of
where we want to go" with Vine, Costolo said,
which is to make it easy to produce public, widely
distributed videos.
"Other people can replicate that or take pieces of
it if that's what they want to do," Costolo said. "If
we do what we want to do, and go where we want
to go, we don't have to worry about what that guy's
doing over there."
The executive said that he sees Twitter as the
"global town square" and would like to make it
possible for people in every country to access the
network.
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