Twitter will buy out the photos that its users have posted at Twitpic. Twitpic found itself in a trademark dispute with Twitter back in September, which caused the much smaller Twitpic to shut down. Twitter threatened to cut off Twitpic’s API, which was the service’s sole source of content. In a wacky twist, Twitter now says it will buy Twitpic’s domain name and photo archive.
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