Monday, June 24, 2013

Facebook to become news app?

Facebook to become news app?:
Facebook has been quietly working on a service which it calls Reader (an internal, development codename) that displays user content in a visual format for mobile devices. The app’s existence and development broke in the Wall Street Journal.
The Journal says that the project has been in development for over a year and is designed to showcase news content in a way similar to Flipboard. Its emphasis is on news-related content, as in shared stories from news outlets and blogs, with an eye towards advertising.
With 1.1 billions users worldwide, Facebook is facing lagging stock prices and has been having trouble ...