As we reported yesterday, Facebook has invited members of the press to a mysterious event on the 20th. Notably, the invite was sent by snail mail rather than email.
Earlier, we wrote it could launch a news-reading app, but we have since heard more details that point to something else entirely. 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.
Facebook is said to be testing the feature which will put Instagram in direct competition with the popular Vine app. Instagram's feature feature will allow a user to upload somewhere between 5 to 10 seconds of video from their mobile device, says Matthew Keys.
You can download Instagram from the App Store for free.
Read More [via Tzvi]