Facebook expected to launch video for Instagram this week
It has been suggested that the press event that Facebook is holding on Thursday 20 June will be to announce the launch of short videos on Instagram.
However, this could be a red herring: it was predicted that Facebook was set to announce the launch of a phone during one of its last press events, but instead Facebook Home was launched.
Facebook, which bought Instagram for $1bn last year, could be looking to follow Twitter’s Vine in the short-video space.