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Facebook location-tracker app said to be in development

Facebook CEO Mark Zuckerberg speaks about Facebook Graph

Photo credit: AP | Facebook CEO Mark Zuckerberg speaks about Facebook Graph Search at a Facebook headquarters in Menlo Park, Calif. (Jan. 15, 2013)

Facebook Inc. is developing a smartphone application that will track the location of users, two people with knowledge of the matter said, bolstering efforts to benefit from growing use of social media on mobile computers.

The app, scheduled for release by mid-March, is designed to help users find nearby friends and would run even when the program isn't open on a handset, said one of the people,...

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