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Instagram is building new apps that aim to do more with mobile photography, and Wired reports today that they’re launching Hyperlapse. The app allows you to make timelapse videos, using standard video captured with your smartphone camera on the fly. The app is due to be released at 10 AM Pacific Time today. It offers iPhone users a way to make professional looking timelapses–without expensive photography equipment like pro cameras, steady-mounts or tripods.

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