Sources at X described it as a way to highlight the video content that users are sharing and creating and organize it under one tab. A beta version is expected to be available to a select group of users later this summer.
Edit: seperated quote, to make more sense, bottom quote is under image
You are correct:
If you look at the article, it has the following under the image you are talking about:
A man standing next to a pool in a scene from the 'Top Vine Ice Bucket Challenge' compilation video on YouTube.
Vine helped the Ice Bucket Challenge — which raised money for ALS — go viral. At its peak, around 200 million people used the app which had Twitter integration. Vines Collections/Youtube
I'm still amazed that people like short-form video in the first place, but if TikTok exits the US market, which it sounds like they may, I suppose it'd be better to have a company enter the market. Don't really want the number of competitors to keep shrinking, if you're a consumer of that content.
A good amount, a lot of the elite and people with social influence share information, while the people also share news pretty quickly.
I know will enough, some may be false or not confirmed, but helpers are always willing to call it out when they learn and try to share that knowledge with us.