Facebook reportedly developing Flipboard-like ‘Reader’



Facebook is functioning on a mobile news reader application comparable to Flipboard to display content from assorted sources in a magazine-style format, the Wall Street Journal said in a report Sunday.

Reportedly, Facebook will roll out the application for mobile devices; there is no information on the web edition so far.

The internal name creature used by Facebook for the project is Reader. In all possibility, the company will modify the name before it rolls out the application. 

With the current beginning of hashtags and the re-design before this year of the Facebook news-feed, CEO Mark Zuckerberg said that he desires the site to be "the best personalized newspaper in the world." Facebook's mobile users now usually pop in now and then for a brief look at their entity page. Offering a new app that would bring together Facebook content could allocate for a longer perusal from users and enable the social networking company to procure more mobile advertising dollars. At present, about one-third of the company's proceeds come from mobile.

Facebook has been recently introduce new features like confirmed profiles, hashtags and also introduced Video on Instagram as it tries to keep the social network fresh and happening. It has also steadily shifted its focus to the mobile platform as more users are accessing the social network on their mobile devices than conventional computers these days.
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