Apple is creating its own Snapchat, says Bloomberg

Apple is reportedly building its own version of Snapchat. Bloomberg News reports that Apple is currently testing an app that lets iPhone users record video and apply filters or drawings to the content in a similar way to Snapchat. "The software is currently being designed to be used mostly with one hand," reports Bloomberg's Mark Gurman, and videos from the app can be shot, edited, and uploaded in less than a minute. An internal prototype of the design for the app includes an Instagram-like square shape for videos, and the ability to send the media to contacts or social networks.

Bloomberg reports that the team behind Final Cut Pro and iMovie are responsible for the new app, which is unnamed in the report. Apple is reportedly targeting...

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