Facebook is going to enter in 'digital newspaper' market with its latest mobile app named 'Paper' to compete with digital newspaper giant Flipboard. According to the sources this app will be launched around end of this January month.
Mark Zuckerburg, who is the founder of Facebook and also was the key person behind this new product said that it is an outcome which took a long time to establish and it will digitize news from various status updates and media related companies. He did not reveled that this app would be an integrated part of present Facebook app or standalone app from Facebook app.
There were rumors in market that Facebook is loosing their users and not launching something new and exciting. It was in talks from last years summers that Facebook is doing work on this kind of app service and now they are going to launch very soon.
In case of Flipboard, it was launch in 2010 which aggregates range of articles from various media sources. It presents them in elegant and attractive manner. It is downloaded by more than 90 million users and getting huge success towards their users.