Android 0-day vulnerability – Drive by download
seclists.org
seclists.org
However you still have to download the dodgy app in the first place. There's a lot of bad stuff that apps can do if you give them permission. This is just a case of a bad app downloading another bad app (perhaps with slightly more permissions).
In the grand scheme of things it doesn't really make much difference -- all apps now request a whole bunch of permissions that most people don't really even care which permissions are being asked for. You really just need to trust the app that you're downloading.