Facebook to launch teen sexting app.

Facebook reportedly plans to launch a direct competitor to Snapchat.

Snapchat is a phone app that lets users send a picture that self-destructs after a few seconds. It can be used for legit purposes, but mostly it's used by teenagers for sending inappropriate pictures -- without getting grounded.

Snapchat is not about sexting. It's about getting away with sexting.

The app is massively popular among high school students and Anthony Weiner types, and Facebook wants a piece of the action. Allegedly.

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