Facebook reportedly planning friend-finding app that will track your location

Facebook is developing its own mobile location tracker, Bloomberg reports. According to two anonymous sources, the company hopes to expand its current tracking system (which currently allows for check-ins and geotagged posts) into a separate app that would track user location in the background and allow them to do things like find friends. From these early reports, it sounds much like Google’s Latitude, Apple’s Find My Friends, or other similar always-on location services.