Facebook is Developing Video-Chat

Latest IT News: - Facebook Inc is developing its own video -chat app, is known as internal Slingshot, after the failed attempt to acquire mobile messaging startup Snapchat, the Financial Times reported on Sunday.
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Facebook has been working for several months on the planned video -chat app, which allows users to send short video messages using a touchscreen , the FT reported, citing people familiar with the plans .

Slingshot could begin this month; the newspaper reported a source as saying, while pointing out that Facebook could ultimately decide not to proceed with the launch of the app.
Facebook chief Mark Zuckerberg has oversight of "top secret” plan after the social networking company was unable to win the creators of Snapchat, Evan Spiegel and Bobby Murphy, with $ 3 billion takeover offer late last year, FT.
Snapchat, popular among teenagers, allows Smartphone users to send pictures automatically disappear after a few seconds.

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