Apple Clips will make videos with effects and Live Titles

Apple has a new app coming soon, called Clips. Made for iOS, it’s a video making app to challenge the likes of Instagram, Facebook and Snapchat’s for shareable social videos.

Clips has a dead simple way of capturing footage – press and hold on the big red Record button and release when you’re done. Every clip you make gets added to your timeline where you can place photos and music too. Clips has a bunch of preinstalled tracks to go with just about every video.

Using Siri’s dictation feature Clips can record your voice and create animated captions that are automatically synced to…