Chad Hurley and Steve Chen, YouTube founders who made loads of cash selling it to Google, released a new video mobile app called MixBit on Thursday. The app is similar to Vine and IG Video as it lets users shoot video clips of up to 16 seconds in length. That's not all,users can shoot multiple 16-second clips, or "bits," and then string them together into a video that's up to an hour long.
This might be interesting and we could be potentially looking at a serious threat to Vine and IG Video.
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