Facebook is holding a press event on June 20th to talk about a “big idea”. TechCruch suggests that the event could focus on Instagram.
Apparently, Facebook is planning to add video support to Instagram. The function will be similar to Vine, so users will only be allowed to film 5 to 10 second videos. Instagram is also famous for its filters, so they will probably play a large role.
We will have to wait until June 20th to find out what Facebook has been working on.