Facebook app upgrade promises faster speeds

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Facebook is overhauling its application after complaints of slow loading times. According to Facebook's product manager, the new version will be twice as fast in three areas -- when you initially open the app, when you scroll through the news feed, and when you open a photo.

The complete re-write will be available for users starting Friday in Apple's App Store. Facebook wouldn't comment on when its Android and other mobile app's would get a revamp.

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