Facebook Is Working On A Mobile News Service

With information available rapidly at our fingertips it only make sense that the world’s largest social network is trying to enter the news market.

Yup Mark Zuckerburg and Co. is looking to launch

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a new reaching service for mobile devices. The Facebook product is currently known as “Paper” according to a source close to the matter. Additionally the source add the service is fairly similar to popular mobile news reader “Flipboard.”

The new product is all apart of a Facebook team effort called News Feed, a stream of never-ending content. The plan is the user’s News Feed to be home to status updates from Friends and Family, shared new stories and of course advertising from companies.

If Paper launches as a separate mobile app would you download it? Can the app succeed when competitors like Flipboard have millions of users already?

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