Facebook unveils video for Instagram, complete with filters and stabilizing Cinema feature

After speculation about a news reader or even a new blogging platform, Facebook and Instagram finally set the record straight today. Instagram has debuted video sharing to its application as announced at Facebook headquarters in Menlo Park, Calif. on Thursday. Live now for iOS and Android devices, users will now be able to share and edit video complete with Instagram’s famous filters.

Instagram users will now be able to share 15 second videos natively in the application. Video is taken by pressing and holding the record button on the touch screen with the ability to delete specific clips users may not want.