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Facebook (FB) Planning to Launch New News Reader Soon

January 14, 2014 3:30 PM EST
Facebook (Nasdaq: FB) may look to finally unveil a service that its been working on for years and another element that could increase the stickiness of its website.

Re/code reported that Facebook is prepping to launch its news reading service known as Paper in the coming weeks. The platform will be similar to Flipboard and Paper could be a stand-alone mobile app or Web experience created for mobile devices.

Re/code said that Paper will aggregate news from all over, including publications like the New York Times and Washington Post.

Facebook is up nearly 3 percent Tuesday.


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