Is Facebook playing catch-up with possible camera app?

Facebook may be developing a stand-alone camera app, but industry analysts say it's likely too late for the company to displace Snapchat, the highly popular photo-messaging app.
On Monday, the Wall Street Journal reportedthat Facebook has created a prototype of the app, which has both the ability to take photos and to shoot video. It's a strategy that fits with the company's push to get users to post live-streaming video.To read this article in full or to leave a comment, please click here