Facebook may be creating a Flipboard competitor this month

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There are rumors that Facebook may be launching a news reader app that would compete against Flipboard. The new service is rumored to be called Paper. It will be in the form of “either a standalone mobile application or a Web experience suited to mobile devices.” The service would be an aggregator of rich news containing comments from Facebook. The project is being led by Facebook’s VP of product Chris Cox.
[Source: Re/Code]

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