Social Media Newsfeed: Instagram Time-Lapse Video App | Snapchat Investment

Instagram unveils time-lapse video app Hyperlapse. Snapchat receives investment of up to $20 million. These stories, and more, in today's Morning Social Media Newsfeed.

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Hyperlapse150Instagram Debuts Time-Lapse Video App Hyperlapse (AllFacebook)
Facebook-owned photo- and video-sharing network Instagram announced the launch of Hyperlapse, a stand-alone application (currently available only for iOS) that allows users to create high-quality time lapse videos. The key to Hyperlapse, according to Instagram, is its image-stabilization technology, and the app allows users to choose playback speeds from one time (normal) to up to 12 times, as well as to easily share videos to Facebook, Instagram or the Camera Rolls on users’ iOS devices.

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