With Facebook hosting a small press event on June 20, sources close to both Instagram and Facebook are stating that the social network has something big planned for the photo-sharing filter-happy network. According to TechCrunch, Facebook intends to announce video capabilities for Instagram, almost identical to what Twitter’s Vine application offers. Users can record up 5 or 10 second videos, then upload them for sharing.
With Vine’s success quite notable in terms of growth rate and popularity among users, this wouldn’t come as much of a shocker. With a user base already in place with Instagram, allowing for the sharing of videos either through the same app or releasing a separate app could spell major success for Facebook and the Instagram team respectively. Besides, we are still curious on how Zuck plans on making money off of his billion dollar investment with Instagram.
June 20 is right around the corner, so we shall just have to wait and see what Facebook intends to do.
Would anyone switch off of Vine to use an Instagram-made video service?