We found this post on wired about Instagram's new app for producing some interesting Hyperlapse films easily. As the wired post title suggests "Hyperlapse, Instagram’s New App, Is Like a $15,000 Video Setup in Your Hand" please go here for more info
http://www.wired.com/2014/08/hyperlapse-instagrams-new-app-is-like-a-15000-video-setup-in-your-hand/
Stabilization for Hyperlapse from Instagram from Instagram on Vimeo.