An anonymous reader quotes a report from The Verge: According to a report in The Wall Street Journal, Facebook engineers in London are working on a standalone camera app with a big live-streaming component. Similar to Snapchat, the app would open straight into a camera to foster immediate capturing and posting of photos and videos, as well as letting users stream via Facebook Live. With billions of smartphones in the world and near-ubiquitous high-speed data connections, Facebook sees a huge opportunity to get its 1.6 billion users sharing more than ever before. A camera app may help the company do that, and better compete with Snapchat at the same time. Facebook has recently rolled out a major live video update allowing anyone to post live streams of themselves to their timeline. Previously, only celebrities and public figures were allowed to use the feature. With this new Facebook Live update and standalone camera app reportedly in the works, the only thing holding Mark Zuckerberg back with his plan to triple the size of his social network is affordable internet.