shortlived

Last week we ran a story about temporary photo and video sharing app Snapchat's recent explosion onto the market and how, sexting jokes aside, venture capitalists the world over are clawing to get a piece of the action. A few days later we found out that Facebook was about to rain all over Snapchat's parade by using Snapchat's idea to create its own app.

Today, that second story came true, as Facebook has just introduced the all-new 'Poke' app -- a photo, text, and video sharing application, complete with the same 10 second maximum time limit made famous by Snapchat.

Now that filtered smartphone photos have taken over the photo sharing world, many people -- especially investors -- are wondering: what's next? One possible answer may be temporary photo sharing.

Just last week we reported that Snapchat had raised $10 million to continue pioneering the frontier. Now, a report has emerged that Facebook is working on its own mobile app that offers exactly the same thing.