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Amid Reports Of Instagram Video Launch, Vine Teases Upcoming 'Exciting New Parts'

Twitter is about to unveil "some exciting new parts" of its hit video-sharing app, Vine. Perhaps not coincidentally, Twitter's rather nebulous announcement comes amid murmurs pointing to Facebook's plans of adding video-sharing capabilities to Instagram. Yesterday, TechCrunch reported that Facebook would likely launch said capabilities for Instagram during its press event on Thursday, June 20. And just a few hours ago, AllThingsD came out with a report confirming that Instagram is indeed set to gain a video feature, taking on Vine in the process. As though in response, the Vine team published a blog post effectively saying that what its wildly popular app has managed to achieve so far with its millions of users is "just the beginning." Also, the team teases some new stuff that's coming soon to Vine:
Over the next few weeks, we’ll be introducing some exciting new parts of Vine. As always, we’ll share details on updates as we release them. Follow us at @vineapp to stay up to date.
The blog post is accompanied by a clever Vine video, embedded above, that shows a claymation sequence thanking Vine users. Optimized for iPhone and iPod touch running iOS 5.0 or later, Vine is available in the App Store for free. Vine was released last January on iOS, on which it attracted more than 13 million users before debuting on Android a couple of weeks ago. Vine allows users to create a GIF-like looping video clip up to six seconds long. Instagram's upcoming video feature is said to support recording of clips between five and 10 seconds in length. Earlier today, Vine was updated with a new share button underneath posts, along with other interface improvements and bug fixes.
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