Facebook launched its fourth iPhone app today, the Facebook camera. The app is solely focused on pictures, and will allow users to upload a bunch of pics at the same time as well as edit and format. "When you launch the app, you'll see a feed of just great photos from the people you care about. You can swipe to see more of any album or tap to enlarge an individual photo," notes Facebook.

But what about Instagram, which was recently purchased by social media giant for $1 billion? Well, according to Facebook, it will not harm the hipster camera device. LA Times reports that, while the new app wasn't developed by anyone on the Instagram team, fans of the hipster-filter camera device "need not worry as the company is saying the new app will not mean the end of Instagram." Uh huh.

Anyway, the new app will be available today for free in the iTunes Store. Watch their Google-esque ad for more details.

[via Facebook]