Facebook could overtake Vine with Instagram video

The worst-kept secret in social media came to light Thursday, as Facebook introduced video for Instagram. It includes new video-specific filters, 15 seconds of multi-frame recording and a new feature called Cinema that will take shaky videos and make them look as if they were filmed professionally.

As Vine grows like crazy, Facebook needed to come up with a competitor. The iOS version of Vine — the popular 6-second video sharing app which was blocked from Facebook last year — recently hit the 13 million download mark.

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