Anyone who loves the Vine app for Twitter knows two things - it can be a lot of fun and it's a shame it shows up as a link on Facebook rather than a video.
This could change if Techcrunch is correct about their report that Facebook is adding a Vine-like video feature to Instagram on June 20th.
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.
There are plenty of apps that do this already, but the fact that Facebook owns Instagram combined with the wild popularity of the app will make it more successful than the third party competitors. What does this mean for Viddy, Cinemagram, and Socialcam (which have all been called "Instagram for video" at one time or another)? It may be time to make adjustments. They won't be able to compete.
