- Gigaom, Wednesday, February 5, 2014 9:47 AM
YouTube co-founder Chad Hurley denied reports that Mixbit, his video remix platform, was folding. He took a VentureBeat article to task in Twitter. Mixbit lets users record and remix short video clips
— kind of like Vine with a mashup functionality. Launched in August 2013, it has not registered a lot of traction from users. VentureBeat sais Avos Systems, the company behind Mixbit, has laid
off “nearly 80% of its employees.”
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