Is video sharing coming to Facebook's Instagram?
On Thursday, Facebook will hold a press event at its Menlo Park headquarters. What's on the table? Well, Facebook isn't saying, and the text on the invite isn't much help: "A small team has been working on a big idea. Join us for coffee and learn about a new product."
But over at TechCrunch, Ingrid Lunden has a guess: Facebook is about to unveil a video feature for Instagram, which it acquired in 2012 for close to a billion dollars. This makes a certain kind of sense. Vine, a video sharing tool for Twitter, has proved quite popular, to the tune of 13 million users since launch.