Popular social netwroking site Facebook has been in news for quite some time now with reports of company acquiring WhatsApp. Now it seems like company is looking for even more with reports flowing in about how Facebook is developing a video app to compete against Snapchat.
As revealed via numerous reports carrying the details, Facebook has been working for several months on a new app, known internally as Slingshot, that will offer simple and speedy user interface. The details have been revealed via people familiar with its plans.
Talking to the Financial Times recently, sources said the app could be launched this month. Although, as of yet there's no official word from Facebook on the matter.
Apparently, Facebook chief Mark Zuckerberg is said to personally overseeing the uber secret project after the company failed to woo Snapchat's creators Evan Spiegel and Bobby Murphy with a $3bn takeover offer late last year.
Although we don't really know what the video app will mean and what its real purposes will be, but reports have suggested that the app will allow users to send short video messages with just a couple of taps of the screen.
As we said earlier, Slingshot could be launched this month, according to a person familiar with the matter. However, there are cautions that Facebook could still decide not to proceed with the product.