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The founders of YouTube have released a new video app called MixBit. On first glance, it might seem MixBit is in direct competition with Vine or Instagram Video, but if it’s actually very different. 

Instead of merely being able to share, view, and comment on videos from the stream or from people you follow on the service, MixBit allows you to add to and remix content uploaded by other users or yourself. Remixed videos can be up to an hour long.

Here’s more info about MixBit