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(From Guardian Unlimited)
Twitter is to launch its own photo-sharing service to compete with existing services such as Twitpic, Yfrog, Instagram and Flickr, according to multiple sources.
The announcement is expected this week at the D9 conference in California, where the company's chief executive Dick Costolo will be speaking on Wednesday.
The service may be provided via the website twimg.com, which Twitter has owned since July 2010, according to Techcrunch, which first reported the plans .
One possibility is that the photo service will be monetised by including advertisements as Twitter tries to move to a more commercial model.