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

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.

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.

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.

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.?