INSTAGRAM VIDEO: New Service Launches Today; Hopes to Take on Vine

June 20, 2013 AT 3:23 PM
Instagram CEO and co-founder Kevin Systrom, who has just announced that Instagram can now support videos, not just photos. It supports 15 seconds of video (as opposed to only six with vine), and it allows users to choose a cover frame. It also has an addition called "cinema", which helps stabilize video.