According to TechCrunch, Facebook will unveil a new video capture addition for Instagram at a June 20th press event. Instagram's video capabilities are said to be similar to Twitter's Vine, featuring quick, short videos that are between five and 10 seconds long.
"On June 20, a source says Facebook will unveil that Instagram, its popular photo-sharing app, will begin to let people also take and share short videos. Call it the Vine effect.
We are still looking for more information because we understand that Facebook has not wanted the details of June 20 to leak out - so this could be an intentional blind alley. But if the Instagram video report is true, you could say the event invite itself - sent by snail mail, coffee cup stain charmingly in one corner - is a red herring of its own."
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