[vimeo]http://vimeo.com/68765934[/vimeo]

Facebook Inc. has just introduced Video on Instagram via 4.0 update which is available now. RIP Vine.

Videos can be up to 15 seconds long and a minimum of 3 seconds. Similar to Vine, it uses the tap/hold to record button.

How does it differ from Vine? After recording, you’ll be presented with thirteen filters built specifically for video. Also – there is an image stabilization feature called ‘Cinema’ which is pretty amazing. [INSTAGRAM]