Facebook planning iOS photo-sharing app?

Facebook is planning to launch its own standalone photo-sharing app for iOS devices, according to a new report. Citing roughly 50MB of images and documents related to the app, TechCrunch reports that the app—internally referred to as “Hovertown” or “WithPeople”—is built on top of Facebook’s existing social network, but functions more like standalone photo-sharing apps and services such as Path, Instagram, and Color. TechCrunch claims that it will be posting more on the app soon; we will update this story when/if any new information is available.