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TechCrunch reports that Instagram will launch video sharing on June 20th. According to the site's anonymous source, the feature will be unveiled at Facebook's "big idea" event on Thursday. Details are pretty scant on how the feature will work, but Reuters NEW YORK (CNNMoney) -- Remember a year ago when Scaling often means fail whales and tumbeasts. At TechCrunch Disrupt 2011, Tumblr founder David Karp and Instagram's Kevin Systrom took the stage to discuss the pains and gains of hockey stick growth. "They're this super-talented bunch of engineers, they just crossed 100 million users," Zuckerberg told the audience at the TechCrunch Disrupt conference in San Francisco Tuesday. "They're just killing it." Last we heard from Instagram, the service had 80 Fresh on the heels of last night's Media Award at the CFDAs, Instagram is taking a bold step into commerce Pinterest is now adding a "buy" button to its functionality, as reported by TechCrunch today. As for its potential effect on consumers? somewhat awkward guy through the early development of Instagram, before he began running in the past year with a cooler crowd of Bay Area notables like Digg founder Kevin Rose and TechCrunch writer turned venture capitalist MG Siegler. "His ego exploded as At its special press event on June 20, Facebook will unveil video support for Instagram, TechCrunch is reporting, citing a person who claims to have knowledge of its plans. Similar to Twitter's Vine, which allows users to post 6-second videos, Instagram's .

Facebook is reportedly looking to overshadow the recent success of photo-sharing iPhone apps such as Instagram and Color with its own photo-oriented app. TechCrunch says it wouldn't pose a big threat to Instagram, Color or Path -- yet. Similar to how it indexes webpages, Google started indexing content from apps two years ago: "We now have over 100 billion deep links into apps in our index - including some popular apps like Facebook, Instagram, Airbnb or Pinterest," explained Google. Boomerang users won’t have to sign in to Instagram to use the app, according a TechCrunch report. It’s supposed to be a lightweight tool that does one thing — capture a short video — and one thing only. Instagram users who see a video made with Olapic collects consumer photos and videos from social media sites including Instagram, Facebook Oven Bits work has been generously featured by Techcrunch, Google, Apple, CBS, Mashable and other tech publications. .