YouTube founders Chad Hurley and Steve Chen   According to The Telegraph, the application is similar to Instagram and Twitter’s Vine, but with MixBit the emphasis is on collaboration and editing clips together. Users can upload up to around an hour of 16-second clips edited together, meaning the finished product could be far longer that possible on Vine or Instagram, added the report. YouTube founders Chad Hurley and Steve Chen said: “The MixBit website is a community of … [Read more...] about YouTube founders introduce new video editing app