Twitter seemingly pulled the plug on Vine back in October, then rumor had it the company was in talks to sell the service. Well, no, and no, apparently. In a blog post Twitter has announced that come January it will be transforming Vine into Vine Camera. This new app will allow you to record 6-second clips and share them on Twitter, or just save them on your phone for later viewing. Meanwhile, following an update of the current app, you can now download all your existing vines. You can also do so from the vine.co website, where everything is otherwise business as usual. Source
Source: http://www.gsmarena.com/vine_lives_on_as_vine_camera-news-22232.php