Twitter has rubbished reports that it would soon be letting its users post video tweets, news that would have major implications for the existing Twitter clients and services market.

The Telegraph reported that as an attempt to stay at the cutting edge of social networking, instead of using services such as Twideo and Tweetube, that offer hyperlinks to videos in tweets, "live video-tweeting" was coming soon.

"Twitter's founders hope by adding live video-tweeting it will help boost its prominence as a fashionable social-networking tool again", said the report.

However, Twitter founder Biz Stone has replied direct to an enquiry on the topic from social media site Mashable, stating, in no uncertain terms:

"Haven't read the piece but no video hosting. 140 characters of text including spaces. You know the drill!"