Facebook reportedly developing Snapchat copycat app called ‘Slingshot’

Facebook reportedly developing Snapchat copycat app called ‘Slingshot’

The Financial Times (FT) has revealed in a recent report that popular social network Facebook is apparently building a Snapchat-like video-chat app called 'Slingshot.'

The FT report also said that the 'Slingshot' video-chat app will likely be launched by Facebook later this month; though one unidentified source even claimed that the app may not be launched by Facebook at all.

Nonetheless, FT has also disclosed in the report that Facebook's efforts to develop the 'Slingshot' app have been on for the past "several months" now; especially after the company's failed attempt to acquire mobile messaging startup Snapchat for $3 billion in late 2013.

According to the report, the 'Slingshot' project underway at Facebook is being personally supervised by the company's CEO Mark Zuckerberg. The 'Slingshot' app will, like Snapchat, will essentially display images which disappear after one view.

Going by the information shared by the FT sources in the know of the proceedings at Facebook, the company's 'Slingshot' video-chat app will compete directly with Snapchat; and will enable the users to send short video messages just by using a touch-screen.