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According to The New York Times, unnamed sources who have seen the new app say it has a "slick design that has been tailored for the iPad and its touchscreen interface."
The sources also mentioned how Facebook Chat and Groups have been overhauled for the iPad, adding that the app will go beyond what the Facebook website can do, allowing users to take photos from the iPad and place them directly on Facebook. Those who've seen the app called the photo and video uploading capabilities "amazing, offering full-resolution and full-screen images."
Facebook CEO Mark Zuckerberg apparently has changed his tune about the iPad. When asked if his company was developing an iPad app, he replied: