Instagram unveils new time-lapse app called Hyperlapse

Photo and video-sharing service Instagram has launched a new time-lapse app called Hyperlapse.

The US social media company says it can capture high-quality videos while the user is on the move using built-in stabilization technology.

Users will be able to tap once to begin recording and tap again to stop.

You then choose a playback speed that you like between 1x-12x and tap a green check mark to save it to your camera roll.

You can then share your video on Instagram with all the usual filters.

It is only currently available for Apple's iOS operating system.

Instagram launched a Snapchat-style app last month called Bolt that allows users to send photos which are deleted after the recipient views them.

It is only available at the moment in New Zealand, Singapore and South Africa.

Facebook bought Instagram for $1bn (£589m) in 2012. It was founded by Kevin Systrom and Mike Krieger two years earlier.