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Facebook reportedly working on a news reader

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Facebook is reportedly working on a news-delivery service to  add to its mobile offering. Sources familiar with the matter told the Wall Street Journal that the company has been working  on the product for over a year. So it may not be a reaction to the public outrage over the news that Google  would shutter its RSS Reader.

The new mobile product will resemble Flipboard, a beautifully-designed  application that lets readers swipe to flip through news articles, according  to The Wall Street Journal.

Facebook COO Sheryl Sandberg recently said that every team at the social  networking giant is “mobile first.” The company is increasingly focused on  mobile as a means to boost advertising. People use smartphone devices at home  and at work, so Facebook can reach and serve highly-targeted ads to people at  any time of day.

The strategy seems to be working. Facebook gets 1 in 7 of the minutes people  spend on desktop PCs, and 1 in 5 minutes of their time on mobile devices. So  mobile usage is up — and the company is making 30 percent of its revenue from  mobile now — up from zero at the time of its public offering.

The release of a news reader service, internally dubbed Reader, will likely  prove to be more popular  with consumers than Facebook Home.

Share your thoughts in the comments below and don’t forget to like this post.

Source: Associated Press

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3 comments on “Facebook reportedly working on a news reader

  1. ACbcFvXzQjLx2H
    June 27, 2013

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This entry was posted on June 24, 2013 by in Facebook and tagged , , , , , , , .
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