Rumor: Apple is developing a Facebook/Snapchat competitor
<p>Apple is developing a video sharing and editing app for iOS devices, according to <a target="_blank" href="http://www.bloomberg.com/news/articles/2016-08-25/apple-weighs-iphone-video-editing-app-in-renewed-push-on-social-isa5rhlu" rel="noopener noreferrer">Bloomberg</a>, quoting unnamed “people familiar with the matter.” The plans are reportedly part of a new focus to integrate social networking applications.</p>