Instagram celebrates 1 billion users by announcing IGTV video platform


YouTube is a great video platform -- I have no complaints, really. With that said, I also enjoy watching content on Twitch. Ultimately, competition is a good thing, as it forces companies to innovate rather than stagnate.
Today, yet another video service debuts, and it is backed by a major player in the social network space -- Instagram. Just how major is it? Today, Instagram announces it has achieved 1 billion users! To celebrate, the Facebook-owned photo site is launching a true video platform that goes beyond the short throwaway videos the service currently offers. Called "IGTV," it is aiming to be a true YouTube competitor, allowing users to upload videos up to one hour in length. There is one big twist though -- the videos are vertical only...