Twitter acquired Twitpic just hours before all the photos uploaded to Twitpic were

Twitpic was supposed to officially shut down last week - taking down every uploaded photo ever - but today it was announced that the photo service will live on in read-only format only. Now, users won't be able to take or use any new photos, although old photos are still available.

Twitpic announced they would be shutting down in September due to an ongoing threat from Twitter for a tradmark infringement lawsuit. But now that Twitter has bought out the company, the uncertain days of wondering what will happen are over.

When it first launched, Twitpic was extremely popular with Twitter users because it made sharing photos on Twitter very easy. But when Twitter stopped offering a way to upload and share Twitpics, the app understandably experienced a drop in popularity.

Twitpic founder Noah Everett released a statement saying, "I want to say thank you for allowing me to be apart of your photo sharing memories for nearly seven years. It has been an honor."

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