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Vine creator announces the name of his new app and it bites... er, it's byte!

If you're one of the many people who miss the looping video app Vine, we have some good news for you. Vine co-founder Dom Hofmann has just confirmed his plans to bring the popular app back are coming to fruition. On Wednesday, he tweeted out that
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7 social media apps you totally forgot about — and what happened to them

All things die. Humans die. Plants die. Stars and planets die. And so, too, do your favorite social media networks become shrouded in that inevitable darkness that descends upon us all. SEE ALSO: The 100 best iPhone apps of all time Okay. So that's
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Development of Vine successor, V2, postponed indefinitely

Saying goodbye is never easy, especially when you have to do it over and over again.  Just ask Vine co-creator Dom Hofmann, who hit fans of the now-defunct looping video app with some unfortunate news Friday: He's postponing development of the