Facebook To Launch Vine-Like Feature for Instagram [LIVESTREAM]

According to multiple reports, Facebook will be unveiling a Vine-like video service for Instagram, the popular photo app that Facebook bought for $1 billion.

Here’s what we wrote when we first heard of the new features to Instagram:

And the epic rivalry between Twitter’s Vine and Facebook’s Instagram thickens. According to TechCrunch,Facebook will unveil that Instagram, the popular filter-happy photo sharing app, will begin to let users record short videos — an obvious jab at the 6-second video-sharing app Vine. After all, if Instagram gains video-sharing capabilities, perhaps some folks could decide to ditch Twitter’s Vine and use Facebook’s Instagram full-time instead of switching between separate apps.

Watch the livestream below:

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