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Is Twitter going to launch its own URL shortener?

twitter logoAccording to blog Domain News, Twitter has acquired a new domain name: twee.tt. While the company has yet to relegate the Trinidad and Tobago name to any specific purpose, there are rumours that it will be used to create a URL shortener.

If this is true, it could spell the end of bit.ly, the most popular shortener on Twitter. But considering how many names companies like Twitter own and never use, I think it’s a bit early to make predictions. My guess is the social networking site just bought the name preemptively and will probably never use it.

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