Report: Facebook's "Slingshot" to take aim at Snapchat

05/18/2014 | Verge, The

Facebook is actively developing a messaging application, code-named "Slingshot," that would compete with Snapchat, which last year turned down a $3 billion takeover offer from the social network, the Financial Times reports. Founder and CEO Mark Zuckerberg is said to be personally involved in the Slingshot project, which could be a mobile app separate from Facebook.

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Verge, The

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