Wireless News
06-20-2013, 02:50 PM
Facebook announced on Thursday that the photo-sharing social network, Instagram, is adding an option to take short, 15-second video clips that can then be modified with filters and shared on the social network. However, Wall Street isn’t terribly impressed by the announcement..The new feature will be available on both iOS and Android apps at once, and will come with 13 custom filters along with a stabilizing feature called Cinema. But it doesn’t address Facebook’s potential revenue potential for the 130 million monthly active users on Instagram. At least, not yet. Instagram is an incredibly popular social network, with more than 130 million monthly active users, and over 1 billion likes every single day, CEO Kevin Systrom noted during the presentation.
More... (http://news.yahoo.com/facebook-instagram-announcement-puts-street-sleep-182517810.html)
More... (http://news.yahoo.com/facebook-instagram-announcement-puts-street-sleep-182517810.html)