Twitter buys SnappyTV, the startup that’s made many of its video cards

Twitter (S TWTR) has acquired San Francisco-based video sharing startup SnappyTV, both companies announced Thursday without spilling any beans about the financials of the deal. You may have never heard of SnappyTV, but chances are, you’ve seen some of its work on Twitter before: SnappyTV has helped Turner to share March Madness clips in near-realtime, and also powered the video cards of numerous other TV networks. With the acquisition, Twitter obviously wants to bolster its own media chops, but the company promised Thursday that SnappyTV customers will continue to be able to share media on Facebook (S FB) and elsewhere as well.

Adult content in Vine highlights Apple’s misplaced priorities

Porn has quickly become a headache for users of Vine, Twitter’s new video-sharing app for iOS devices. But the troublesome headlines illustrate why Apple should focus on helping users avoid porn rather than banning adult content outright.

Vyclone turns smartphone videos into multi-camera movies

Vyclone, a new iOS app, lets people record video and contribute it to a single movie that incorporates multiple angles. Users can create a movie automatically from various cameras in one place or they can edit the footage themselves.

Today in Social

For all the Facebook IPO fallout, companies with “social” in their slide deck can still get attention or raise money. The Canadian reader/writer community Wattpad announced it has raised a $17.3 million round from a group of investors including Khosla Ventures, Union Square Ventures and Yahoo co-founder Jerry Yang. It aims to be the Yahoo of fan fiction. I dunno, but other than jokes, is there a demonstrable market for short-form, mostly user-generated fiction? Meanwhile, RebelMouse, the until-now secretive startup from HuffPo’s former CTO is showing hints of its invitation-only social publishing platform. It has elements of Tumblr and About.me, so users can post and aggregate their Twitter and Facebook content, and a business model that supports premium hosting and, potentially, e-commerce. Finally, I agree with Ryan Kim that Airtime seems to be missing a killer hook. A lack of nudity scanning isn’t what kept Chatroulette from reaching critical mass.

Ambient video and the changing face of communication

Video is becoming more of a casual form of communication, with people leaving video chat services like OoVoo on in the background for hours on end. Video sharing is becoming more immediate with more live broadcasting of your life.