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Mobile Minutes: Mobile VR; Twitter’s video app; Instagram’s milestone; Samsung invests in IoT

Screen Shot 2016-06-21 at 4.20.00 PMMobile virtual reality breakthrough means Gear VR could soon be as powerful as Oculus Rift
Today, if you want to experience virtual reality, you have two options. The first is mobile VR, which uses a relatively cheap headset paired with your smartphone screen to offer a somewhat immersive experience but without the ability to get up and move around inside the virtual world.
Read more on International Business Times

Twitter launches mobile app for video creators
Twitter unveiled a new mobile application Tuesday designed to help video creators increase their audiences on the social network and make money in the process.
Read more on The Wall Street Journal

Instagram hits 500 million monthly users
Instagram now reaches more than 500 million people each month and 300 million each day, lengthening its lead over Twitter and underscoring Facebook’s beachhead of popular mobile apps with escalating growth around the globe.
Read more on USA Today

Samsung to invest $1.2B in Internet of Things startups and research in US
Samsung Electronics Co. said Tuesday that it will invest $1.2 billion in the U.S. over four years to boost technologies aimed at adding computing power to everyday devices, a movement dubbed the “Internet of Things.”
Read more on The Wall Street Journal