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Instagram gains video sharing element complete with filters

As anticipated, Instagram co-founder Kevin Systrom took the stage during Facebook’s media event earlier today to launch a video sharing element to the popular photo sharing service. The executive said Instagram video would include “everything they know and love about…

YouTube co-founder announces video collaboration site MixBit

Following up from a brief teaser in a Q&A session at SXSW three weeks ago, YouTube co-founder Chad Hurley has formally announced his new online video venture, dubbed MixBit. The site itself hasn’t launched yet, but the timing for the…