As expected, Twitter CEO Dick Costolo announced Twitter's new photo uploading and sharing service today at the WSJ's D9 conference.
You can read more about it here, or check out Twitter founder Jack Dorsey's blog post about it here. (It's Dorsey's first post for the Twitter blog since 2008, if we're not mistaken.)
Today's announcement is bad news for simple Twitter photo-hosting services like TwitPic and Yfrog, which have not done much to differentiate themselves, and won't likely be the default photo sharing service for any official Twitter apps in the future.
Their usage will probably sink or flatten as Twitter's new service, powered by Photobucket, rolls out.
But this isn't the end of the world for Instagram, another popular (and fast-growing) mobile photos service.
Instagram has differentiated itself very well, through features -- like its photo filters and ability to share photos with many services at a time, like Twitter, Facebook, and Tumblr -- and its community and social elements.
Instagram seems well on its way to becoming a powerful mobile social network of its own, based on photography. Flickr for the future, basically. And a plain-vanilla Twitter photo uploading service just doesn't seem like much of a threat to that. If anything, once more people get used to the idea of sharing photos on Twitter, they might even consider Instagram an "upgrade," boosting its growth.
Today, we wouldn't want to be stakeholders in TwitPic or Yfrog. But Instagram seems like it can still be a big success.
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Why Twitter's New Photo Service Is Not The End Of The World For Instagram
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