Is Video Coming To Instagram?

Is Instagram adding video later this week?

Rumors are circulating that Facebook has quietly been rolling out special invites to key people regarding a private press conference to be held on June 20… rumored to announce the addition of a Vine-Like video option to the photo-sharing platform.

With the popularity of Vine, Viddy, Cinegram and Socialcam, Facebook may roll out video on Instagram to compete and stamp out competition.

Stay tuned…