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.

Video star Socialcam sells to Autodesk for $60M

Socialcam, the popular though sometimes spammy video sharing app, is taking its services to Autodesk, which bought the small startup for $60 million. Autodesk, known for its design software, expects to close the deal in the third quarter is reportedly set on keeping Socialcam independent.

Verizon offers Color a second chance with video partnership

Verizon Wireless is partnering with Color to highlight the power of its 4G network. The carrier will offer its customers the chance to use an enhanced version of Color, which will enable live video streaming with audio and double the existing frame rate.

Rumblefish’s Friendly Music relaunches with 750k songs

In 2010, Rumblefish launched a website called Friendly Music to make licensing soundtracks for YouTube videos ultra-easy. Now it’s added a lot more music tracks and improved the discovery process, enabling users to search for tracks based on mood and occasion.

Twitvid raises $6.5M to boost video on Twitter

Twitvid has raised a Series B of $6.5 million and plans to use the money to hire more people and build out its infrastructure. The company has managed to stick around while others gave up. But can it compete with a likely video play from Twitter?

Klip is ready to take on Socialcam for mobile video sharing

The latest mobile video sharing app, called Klip, aims to separate itself from the crowd with high-speed adaptive bit-rate technology enabling users to scroll through videos and a new tagging system that lets them set categories to keep track of when new videos are uploaded.

Tout goes beyond the iPhone with webcam video sharing

Social video service Tout is taking a big step to broadening usage, with new capabilities that will allow users to share moments with friends even if they don’t have its iPhone app. It’s also improved communications between users, with the ability to reply to friends’ videos.