Facebook is building a standalone app to compete with the red-hot impermanent photo messaging app Snapchat, as reported by AllThingsD?s Mike Isaac late last night. Facebook plans to launch its app by the end of the year; the app will function very similarly to Snapchat.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/wJX2v37pWf8/
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