On Monday, Facebook released a new iPhone app called Paper to put them in the news feed market with others such as Flipboard and Pulse.
In the world we live in today, people are bombarded with numerous news stories calling for their attention. In order to attempt to sift through all of this information, news apps are becoming more and more popular. Flipboard and Pulse have been widely considered popular for awhile, but on Monday Facebook attempted to put itself in the news game.
Pew Research on the Role of News on Facebook
Facebook actually directs more traffic to web publishers than any other social network. According to a Pew Research study in late 2013, one-third of adults in the United States now get their news from Facebook. And the social network accounted for one out of every six minutes Americans spent online in December, according to the the research firm comScore.