If you haven't heard of Moves, it is one of the better fitness tracking apps that will run in the background on either your Android or iOS device, and doesn't require a separate hardware accessory. It will figure out when you're walking, running, or cycling and track your routes, all automatically with no need to manually start or stop the app. It will also generate a daily storyline, which you can share to your favorite social network, if you want.
The team and the app are now going to be under the umbrella of Facebook, but Facebook is saying that no one should worry about privacy issues, because the intention is to keep the app and its data separate. Facebook added, "There are no plans to change that or commingle data with Facebook." Of course, "no plans" doesn't mean it will never happen, but at least it won't happen in the near future.
The terms of the deal have not yet been released.