MENLO PARK, California: Facebook announced yesterday that it will add
smartphone video-sharing to its Instagram photo-based social network, in
a move that challenges Twitter’s popular Vine service.
“We need to do to video what we did to photos,” Instagram co-founder
Kevin Systrom said while unveiling Video On Instagram at a press event
at Facebook’s headquarters in the Silicon Valley city of Menlo Park.
Instagram video apps tailored for iPhones and smartphones powered by
Google-backed Android software feature 13 filters for special effects
and post to people’s Facebook pages the same way pictures do, according
to Systrom.
Video snippets will be 15 seconds or less, since the team saw that
length as a “Goldilocks moment” not too long and not too short,
according to the Instagram co-founder.
Systrom said that Instagram has topped 130 million users and all of
them will have “access to recording the world’s moments in real time”
from day one.
Instagram engineers worked with leading video scientists to develop a
“cinema” feature that stabilizes shaking that is typical in smartphone
video.
Facebook acquired Instagram last year. The original price was pegged at
$ 1 billion but the final value was less because of a decline in the
social network’s share price.
Twitter earlier this year launched Vine, a service that lets people share video snippets up to six seconds long.
“Given the importance of mobile and video for Facebook, the prospect of
video features in Instagram should come as no surprise,” said Ovum
analyst Eden Zeller.
“And given the popularity of Twitter’s Vine service, it is perhaps more
surprising that Facebook has not introduced video for Instagram
sooner.”
Facebook still needs to figure out ways to make money from Instagram, according to the analyst.
Source: http://www.arabnews.com/node/455642
Facebook adds video sharing to Instagram
Written By Unknown on June 21, 2013 | 6/21/2013
Labels:
business,
Sci & Tech